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chas1

09/06/19 1:05 PM

#51778 RE: katano #51775

Why ?

lucky, mydog

09/06/19 1:07 PM

#51781 RE: katano #51775

to explain they are working things out.

the sec does not "work things out".

the company has three choices;

1) ignore the revocation proceedings and be revoked.

2) contest the revocation proceedings and be revoked. it will just take longer.

3) accept the sec's recommendation of voluntarily submitting to revocation. in this case the company's stock registration will be revoked. however, choosing this option would leave the door open to filing a form 10 after financials are in order and attempt to become a public company again.