Replies to post #55514 on Lans Holdings Inc (fka LAHO)

[g0nz0]

Lol. First off if you think you need inside info to spot a scam in the OTC you should stop trading penny stocks.

Secondly everyone and their blind grandma could see they were delinquent.

[lucky, mydog]

yes, the sec should step in much quicker in order to stop scams like this from happening.

[elkonig]

Everybody knew there was a risk that LAHO would be suspended by the SEC for delinquent filings. As per the SEC LAHO either couldn't be contacted or failed to heed the SEC issued warning letters entirely.
There have been over 100 tickers suspended by the SEC for delinquent filings since mid/late July. In fact another 6 were just suspended yesterday the 9th.
The SEC is more then generous in giving delinquent filers(LAHO HAVENT FILED SINCE 2017) like LAHO plenty of time to right the ship. LAHO failed to do so.

END RESULT SUSPENSION.

I do agree that the SEC should immediately apply a trading halt instead of a suspension to any SEC registered ticker that is delinquent and that halt should last 10 days. If the company hasnt remedied the delinquent financials within the ten days then hit them with with a suspension and quicker revocation.
The trading halt should also apply indefinitely to any company that issues a letter of intent of a buyout or merger of another company until that LOI is consummated.