That is not true. All the SEC did was suspend the public vehicle for 10 days, resulting in it now being traded on the grey's. That had no impact on company operations.
If Teco closing is imminent why would the SEC even waste the time and money to ask for a 6 month extension to allow the Fab 89927366451 more time to sit back passing the time and laugh at the SEC ?
Just doesn't add up IMO. Any reasonable investor see's the same thing.