Replies to post #10488 on Mining Global Inc (MNGG)

[nodummy]

No a Form 15 is for one purpose and one purpose only to voluntarily deregister your shares and become a non-SEC reporting company.

Here if you prefer to read from another source

http://www.investopedia.com/terms/s/sec-form-15.asp

Since YTRV was behind on its filings anyways it was already a non-compliant with its reporting requirements.

The company is basically saying we are going dark and no longer doing any filings that will be regulated. They will now hide on the pink sheets assuming they even do any future non-regulated OTC filings. 99 out of 100 times a company goes dark because they want to hide information from shareholders - a red flag