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coastiretired

01/10/16 11:44 PM

#156938 RE: scarlet knight #156937

Research dormant shells and zombie tickers. The SEC has finally started culling them from the OTC through "Operation Shell-Expel" but the time-frame is currently running around two years after companies stop filing. Until then, the outfit may be done. . .but the ticker lives on.

http://www.usatoday.com/story/money/markets/2013/06/03/sec-shell-company-stock/2384451/

http://www.brokeandbroker.com/2697/operation-shell-expel-reverse-merger/

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370540714936

http://www.sec.gov/news/pressrelease/2015-44.html