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Replies to post #110300 on Treaty Energy Corp. (fka TECO)
tdbowieknife
05/26/17 7:55 PM
#110301 RE: kanola #110300
On the remote chance that DDCC files ALL delinquent Financials revocation of the stock registration will still occur. Of the 1,539 stocks that were suspended for Financials delinquencies 100% had their stock registrations revoked....not 99%, 100%!!! Evidence: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127559570 Since few stocks that are suspended for Financials delinquencies even attempt to become compliant there are only a few examples of companies doing so. (MANW, PELE, LLEG are 3 that tried but failed) The best example to study is MANW for educational purposes. On Sept 15,2014 MANW was suspended for Financials delinquencies, just like DDCC. Over the next month MANW filed 8 delinquent 10Q's (quarterly reports) and 2 delinquent 10K's (audited yearly reports). https://www.sec.gov/cgi-bin/browse-edgar?company=mobile+area+networks&owner=exclude&action=getcompany So, one would think that filing all delinquent Financials would be sufficient to avoid their stock registration being revoked, right? NOPE.....the SEC Admin Law Judge wrote all the reasons why it was too late for MANW to become compliant because there were NO EXCUSES for being so severely delinquent in their filing obligations. Read the entirety of the SEC Admin Law Judge ruling: https://www.sec.gov/alj/aljdec/2014/id709jeg.pdf