Uh,SEC would just suspend faster/investors-bagholders lose ALL their money rightaway, that's all that happens when the SEC gets involved in penny stocks or OTC stocks even QB in general, though this less likely with QB --
only naive newbies think SEC is there to HELP "investors," they claim they're helping by shutting down a stock -- and you NEVER get your money back, ever -- maybe IF the company becomes very profitable and you can hire a law firm on recovery basis, but if you've shut down the company, whaddo U think????
That said PSID is a "fully reporting" company and the CEO seems pretty sharp, I don't think they're violating the law just abusing it, they'll come up with some filings (well) after the fact, which doesn't typically have to be until the next 10K after the next quarter, so maybe in a few mos. they'll be current on what's going on now...
THAT'S WHY I KEEP PUBLISHING THEIR COINTACT INFO, INST3EAD OF COMPLAINING HERE IF EVERYONE BOMBARDS CEO WILLIAM J CARAGOL AND GANG THEY WILL KNOW WE KNOW AND maybe maybe MASSIVE NUMBERS WILL HELP --
(561) 805-8000 Email: atomek@psidcorp.com
William Caragol CEO, Acting CFO Lyle Probst President Allison Tomek Corporate Secretary, SVP, Corp. Dev. Company Directors William Caragol Chairman Jeffrey S. Cobb Michael Krawitz Ned L. Siegel
Caragol's the jefe of this cartel but wish 'em all a lump of coal for Christmas, in thanks
Strangely he looks very clean-cut and so articulate: see my PREVIOUS post for summary of his remarks and link to The Street -- but Clark Kent looks help with the cover, maybe?