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tdbowieknife

09/20/19 8:39 AM

#59966 RE: joeylynn #59964

I have seen one before. I believe SIOR, Superior Oil, was one that was revoked before the suspention was up. In the case of LAHO, the SEC ALJ panel currently has a shitload of revocations on their plate and likely saw this a easy, quick way of clearing one off.

By the way... SIOR made the same promise of relisting and never did. It's now been over 4 years now. They even later told investors this:

As of 12 Feb 2015

Superior Oil and Gas Company is happy to announce that the Audited Financials and the Form 10, required by the SEC, are nearing the final stages of completion and will be ready for submission shortly. We are currently waiting on our reserve reports to be prepared by a independent petroleum engineering firm to finalize these documents. The overall process is moving along smoothly and we look forward to the RELISTING of Superior's stock and the resumption of Superior's stock trading status. Superior Oil and Gas Company will issue periodic updates as the process advances.



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Revoked



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jackson73

09/20/19 9:06 AM

#59972 RE: joeylynn #59964

absolutely agreed there! ;-)

ApollyonZ

09/20/19 9:23 AM

#59986 RE: joeylynn #59964

$LAHO..[2] Appropriate settlements, particularly those settlements that occur without undue delay, provide savings to the Commission as well. Among other things, they allow the Commission to allocate resources that would be used in support of any given litigation to other matters.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151251536
http://otclawyers.com/can-the-sec-revoke-a-stocks-registration/