Replies to post #561919 on ORIONS Money Stocks

[vlispxpert]

Do some DD, it's not good news...they were "forced" to withdraw:

The Company is seeking withdrawal of the Registration Statement because it no longer meets the eligibility requirements to file a universal shelf registration statement. The Registration Statement has not been declared effective by the Commission and no securities have been issued or sold under the Registration Statement. Based on the foregoing, the Company submits that the withdrawal of the Registration Statement is consistent with the public interest and the protection of investors, as contemplated by Rule 477(a).

[Makk1]

He is correct though, that filing is very bad. They needed that capital raise for a reason- now They cant go through with it. Means either BK or an even more toxic financing.