Wow - looks like another made up new-erhe-paradigm alternative fact based news flash -
erhe stock was not banished to the grey market because it intentionally and egregiously failed to file required SEC reports for 2 years. No, its shares were suspended and now trade on the grey market because of the secret plan of those made up shorters with secret offshore trading accounts where they supposedly hold the fake and totally ridiculous number of 1.5 billion erhe shares short. Of course it is already known that laws of supply and demand and risk/reward don't apply in this bizarro new paradigm.
Not only don't those shorters exist, but in the upside down universe where erhe shareholders are happy with a share price near zero for years and the likelihood of revocation of the stock altogether, the made up short sellers are apparently controlling the SEC too.