Replies to post #118216 on Seaniemac International Ltd (fka BETS)

[space1230]

Not sure where you got that info, but there is no form to remove the D (post split). An SEC filer does not even get granted approval for a reverse split without being current. BETS was current at the time. If there was something "terrible wrong," FINRA would NOT have effectuated the r/s. BEST was current at the time of application. FINRA granted the split. BETS is not current now. Until the 10k is filed, the D stays on.

So ... with that said, "the stock is toast" is either a wish or an assumption, but certainly nowhere near fact. Frustrating maybe, but not toast (with or without butter).

Not sure where you got that info that the "D" stays on until they become current, because I see many stocks where the "D" is removed after 20 days without filing anything and remains in default. The reason the "D" has not been removed for BETS is either there is still something terrible wrong with the company or the BETS con men running the company have just abandon this stock and won't even submit the simplest form to have the "D" removed. Either way, this stock is toast.