Replies to post #29442 on S A M Trade Asia Pte. Ltd. (SMFX)

[Joefyffe]

No, unfortunately, IF it gets SEC suspended before he gets court appointed custodian and the FM15 filed with the SEC, he will most likely request the court withdraw his custodianship. He targets these delinquent tickers all the time. The risk is still there, but I have only seen it happen to him once.

[Joefyffe]

One example of a ticker Lazar took control over that was SEC delinquent is FHAI (I expect similar actions/timeline for PFMS)... https://www.otcmarkets.com/stock/FHAI/disclosure.

The last 10Q was filed with the SEC on 11/23/2009 for PED 9/30/2009.

FHAI timeline of events:

Case number: A-19-787702-B
File date: 1/16/19
Hearing Date: 4/1/19
Entry of Order: 4/1/19
SoS Updated: 4/11/19
OTCMkts Profile updated: 4/23/19
FM-15 filed with SEC: 4/23/19
OTCMkts filings: 5/10/19*
Attny Ltr: 6/18/19*
OTCMkts current: 6/20/19
Custodian Termination: 6/17/19
Merger: Sell of shell pending

*Initial filing date only, does not include filing dates of corrected filings at a later date.