SILVE If you are still here, this is worth noting for obvious reasons. It's to do with Option C on the suspension:
"Option C is especially attractive to a Company that is in excess of two years delinquent in its reporting requirements and cannot reasonably obtain the records necessary to complete its audits for those years beyond the two-year period".
Essentially, what records they may keep, but would rather not show to the Auditor's, probably in fear of recrimination, means that those 'secret papers' if any, no longer means they have to comply with the SEC rules. This means Heaton's may NEVER release any accurate Filings, if at all. Bet that suits the BoD just fine?
Those rogues will now exonerate themselves from full compliance. On this basis, nobody will know the true position of the company, so they won't invest. FLPC will soon cease to exist, so Option C is basically, their nice easy 'get out' and in fact, is working AGAINST the Shareholder and giving the BoD the perfect opt out!!