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lucky, mydog

09/27/18 9:13 AM

#55180 RE: Gmc2020 #55178

Worst casr is a trading suspension for a year.

by regulation the sec can suspend only for 10 days. to suspend again they would have to have a completely different reason.

Cancellation of shares not happening.

the sec has already begun revocation proceedings. while revocation does not cancel shares, it does eliminate a market for those shares. any buying or selling will have to be done through private transactions.