Replies to post #26186 on Shell Stocks; Reverse Mergers; Acquisitions; Zombi

[Hanibal]

Usually once a stock is on the Grey Market, it's gone forever. But, you still have your shares and will be able to sell them, though placing orders will be like taking a stab in the dark since you can't see the bid and ask prices.


Perhaps ask on the DD Support Board and Research Team board?

[adijas]

To be honest, I think Kiles it telling you BS. I saw it was suspended 09-12, and a day later he filed a form 15 to deregister. That's a little late. He could have done that before to avoid suspension.

As long as the stock isn't revoked, your shares can still trade on the grey market. Some stocks are revoked few weeks after suspension, some can trade on the grey market forever. I don't know exactly why some are revoked and others are not.

Kiles is suggesting to you that after he found more investors the stock will start trading as usual again. I know that only a very few stocks will make it to the normal market again, and if they do, it takes several years. So if I were you, I would try to sell the shares. I'm hit with several suspensions too lately. Trying to sell them, it only succeeded with one (at .0001, lol).

Anyway, good luck with it!