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james885

12/02/17 12:15 AM

#48111 RE: ShortsFail #48109

You are correct, HJOE followed the recommendation of the SEC in the proposal HJOE submitted which was then accepted by the SEC.


What the company does only matters if it hopes to resume trading one day. Several recent cases suggest the SEC is now recommending that issuers who want to make things right should accept revocation, and then get two years of audited filings in order and file a new Form 10. That has the advantage of relieving the company from the obligation to catch up with dozens of old financial reports,