UMMMM.....FINRA does not have authority to suspend a stock. Only the SEC can do that. All FINRA did was to provide the necessary Electronic Blue sheet information to the SEC per the request from the SEC. FINRA by law must provide the information but have no part of the decision the SEC will make based on the information provided.
Any other claim that FINRA has part of the decision making of any stock they may provide the information on to the SEC is nothing but BULLSHIT!
FINRA's website on Blue sheets is very informative and will support the above statement with the FACTS from FINRA's website!
Yes. I do believe that FINRA knows that SEC made a wide sweep of the market intending to get the fraudsters involving pandemic goods stopped from trading. However, FINRA is going to provide the "assistance" to SEC by further advising of SOLI/Careclix situation and due to the pandemic and the vital need for SOLI/Careclix in the market will have the SEC acquiesce to the reinstatement.
Just like your prediction re Glendale not sponsoring SOLI's 211, you are now on record again saying that FINRA is going to sit on the 211 approval. So are you suggesting it will take two weeks, one month, two months, longer? What exactly do you mean by "sitting on" the approval?
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