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sillylung

06/29/17 9:55 PM

#30351 RE: MIKE2OO5 #30350

A very faint heartbeat but it is something.

1manband

06/29/17 10:01 PM

#30352 RE: MIKE2OO5 #30350

Expect the stock to be revoked on the 10th.

Pay attention to the last paragraph.

https://www.sec.gov/alj/aljorders/2017/ap-4899.pdf

The ALJ expects to resolve the proceeding under 17 CFR 201.250. Essentially, the judge will rule that the SEC's allegations are true (i.e., that CDNL failed to file their required interim and annual financial information, which are facts not in dispute). Based on that fact, the registration should be revoked.

That is almost certain to happen on the 10th, since the SEC and the ALJ's have held that the violation of late filing cannot be rectified by filing after the revocation hearings have begun.

MakeaFuss

06/29/17 10:03 PM

#30353 RE: MIKE2OO5 #30350

How bout that... Not over yet!
"Satisfied with showing just cause even tho it was late"
I'd say more than a "faint" heartbeat.... tho I refuse to get my hopes too high!!

hdibbo

06/30/17 2:36 AM

#30354 RE: MIKE2OO5 #30350

Aug-1st is hearing date. Don't know where Jul-10th came on the letter