No, I am saying some thought that going dark was the case here which is bad for us cus the company is delisted and no longer required to report to the SEC if they went dark. But that's not the case because they didn't meet the form 15 requirements and they did not file form 15.
We're trading on OTC and they are still required to report to SEC and the public. So we can't confirm anything without any SEC filings.
It's true they might be able to choose to go dark but they have to follow the process before they do so and that did not happen. So, going dark is not it.
They likely are being acquired and need to move to OTC fast which bypass the form requirement because the shareholders rights no longer need to be protected in a buyout and there is a quiet period following that.
If we don't approve of the transaction then they will file to SEC after the quiet period is over. That is likely the scenario here. Go and research this delisting process or even call SEC if you got questions.
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