Replies to post #59777 on Lans Holdings Inc (fka LAHO)

[MisterBig]

I think we all know LAHO was delisted, but this step was also referenced in the news that came out on the 11th.

"On Friday September 6, 2019, trading in the company's stock was suspended due to a missed communication regarding the pending delinquent annual filings. Company management has had several discussions with the SEC and has determined that an old address is the cause for the missing paperwork. The Company has agreed to enter into a settlement with the SEC, which will result in the deregistering of the Company's shares. Company management had been working with its auditors, accounting staff and outside consultants for the past few months to bring the Company's filings current when the Company learned of the revocation. The Company intends to now file a form 10 to reregister its common shares with the SEC and to locate a market maker to sponsor the Company in a 211 filing to reinstate trading of the Company's shares."

I'm not super-confident LAHO will come back, but at least this was an expected outcome. I'm proceeding as if LAHO is a total loss, however. I'm not going to pay any further attentnion to the board unless and until LAHO stock is re-listed. Big if, I know.

[SeattleITguy]

So no one is going to be able to get cheap shares on the grey market either. If they wanted them, that is.