Replies to post #10807 on Powerdyne International Inc (PWDY)

[xyz1002]

I am personally not familiar with the SEC suspension issue.
So I talked with a lawyer friend today who deals with SEC issues.

The way you give 3 options - it appears that no matter what, once the company is suspended it will be revoked. That is not what the lawyer said. She said there are many instances when it goes back to normal trading after the 10 day period.

She specifically said that besides the failure of filings if there are no other investigation going on by the SEC then this can be resolved and it won't be revoked automatically. As per her since the company has less than 2 years of filings (not 8 or 10 years) they can easily become compliant.

Now if there are other issues that the SEC investigating it would most likely be revoked. She said most of the time there are many issues involved and the investors have no way of knowing as the SEC doesn't say it publicly and hence most of the time they get revoked.

I am just sharing what she said. Not my area of expertise.

P.S: She is a security lawyer who works with SEC related to venture capital and startup businesses. She doesn't work on the suspension.