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janice shell

12/21/15 5:46 PM

#3532 RE: stockman0360 #3527

This is a halt, not a suspension. Stocks do not get halted forever and ever. Usually stocks are halted for 10 days or less. If it goes longer, it could be weeks or months. It might get bumped down to grey sheets if they don't file but it will eventually be unsalted.

The question is: when it reopens, will it be on the Greys? It's currently gone three sessions without MMs publishing quotes. After a fourth without quotes, it will lose compliance with SEC Rule 15c2-11. But since it's a Nasdaq stock, I'm not sure whether that means it'll be delisted to the Grey Market or not.

We'll soon find out.