Replies to post #14148 on West Coast Ventures Group Corp (fka WCVC)

[71chris71]

As Reene said, Nixon did not give any kind of response for six long months to the century. So the speech is closed

[Renee]

PennyHoper: Please pardon my delay in responding as I am now at work at my real job, :-D Thus, I only have time for a short response as time allows.

Usually an SEC Admin. Proceeding for delinquent Financials was accompanied by a 10 day SEC Suspension. After the Amended Rule 15c2-11 was implemented in Sept. 2021 whereby all stocks, SEC Registered and not-SEC registered stocks, would lose quotations if there was a lack of current and complete disclosures, ie., Financials to EDGAR for SEC Registered stocks and financial submissions to OTC Markets for not-SEC registered stocks. Since those stocks lost quotations there was no particular need for the SEC to formally suspend SEC Registered stocks for delinquent Financials, requiring only an Admin. Proceeding for the delinquencies. For delinquent SEC Registered stocks a Suspension got the attention of the investing public but the Admin. Proceeding has always been the proverbial 'nail in the coffin' to revoke the registrations of ALL those stocks.

The Admin. Law Judges are like any other Court in the world.....they like respect. If CEO Nixon is sincere about the company's public stock, WCVC, ever again trading with quotations he should respectfully accept revocation of the stock registration. That would save the A.L.J. Court a lot of time having to convene to forcefully revoke the company's stock registration.

Then CEO Nixon can submit a new FORM 10 to re-register the company with the SEC. The new FORM 10 would need to be audited Financials for the entire time since the company's last audited 10K.....or the last 2 years whichever time is less. It would be about 2 years since the company's last audited 10K.

WCVC shareholders should be contacting CEO Nixon to compel him to respectfully accept revocation of the company's stock registration and to quickly file a new FORM 10 to re-register with the SEC.

At the end of this linked post readers can see that a few companies that lost their stock registrations successfully filed a new FORM 10 to re-register with the SEC. Some fell into delinquencies again and were summarily suspended again with their stock registrations again revoked, BUT a few had learned their lesson and remain trading to this day.

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