The SEC often takes its sweet time with 'further action', and unless you want to start hammering 'em with FOIA requests their discussions with the company are not revealed to the public. Suspensions like this generally tank the price of the stock at the very least. Some players who have a big tolerance for extreme risk like to bet on a bounce when the trading resumes.
Personally, I wouldn't touch Telynx stock with a three-meter pole. LOL!
They intend to file on time and to comply with all requirements in order to have the suspension lifted. He is confident about this.
I look forward to a public statement from TLYN on this matter, as private telephone calls don't carry much water when disseminated on a bulletin board.
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