If you read what the SEC filed they’ve only suspended the company for a short while and they’ve given the company time to respond to their complaint. I don’t know anything about SEC procedures or this particular body of administrative law. I would guess Omega is toast, but they were given a chance to respond and fight this and I suppose they could catch up on their filings and get back into the SEC’s good graces somehow if they spend the money and get on it right now. I don’t know how all this works but am an attorney and have seen administrative proceedings kind of like this so I’m pretty confident in my guesses.
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