so what you are saying is that the sec suspects fraud? they have to prove fraud? because you are innocent until proven guilty? right?
Yes, that's what I'm saying. But--fair or unfair--the SEC doesn't have to prove anything. ARYC could try to protest. NBDR has filed a petition asking that the suspension be lifted, but it's likely the suspension will expire before anyone at the SEC even looks at it.
Other companies have taken other measures. Far as I know, they've all been unsuccessful. In practical terms, the only thing ARYC could do to get back to trading normally would be to get its act together and file a new registration statement with the SEC. And then find a market maker willing to sponsor a new Form 211.
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