Ok, do I read correctly, they just put this on shelf. No more trading, correct? tell me I am wrong. TIA
You can trade arsc as long as stay a public company on pink listing. If arsc gets De-listed from OTCM completely for filing and problems, then you own stock in basically a private company and can still trade in personal arrangements or one on one through a broker. If arsc gets Revoked, then your stock is worthless as the ticker no longer can be traded and is deemed unavailable to arsc as a ticker.
So:
Deregistered with SEC = continued trading on the open market with MM's
De-listed from listings/exchanges - private transaction and one/one brokerage trading, and or on the gray market...
Revoked - stock is garbage, the cert isn't worth the excrement on it's last good usage.