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Hi_Lo

12/17/23 4:46 PM

#157036 RE: MrSmith18 #157034

SEC/FINRA determinations are neither subjective nor unpredictable.

Once FINRA denies GVSI's corporate actions (again) it will neither be subjective nor unpredictable.

You seem to spin BS to try not to admit that you are wrong (or clueless)...like your repetitively missed price predictions.
Bearish
Bearish

Jayman5000

12/17/23 4:55 PM

#157037 RE: MrSmith18 #157034

Assuming FINRA did not slap George with the pre-existing Notice of Deficiency and instead asked for the missing filings with a fresh request then George has 90 days to come up with them or the matter is closed - "denied". It doesn't just become a stalemate.

https://www.finra.org/rules-guidance/rulebooks/finra-rules/6490 :

"(2) Lapsed Requests
Where a Requesting Party does not, in the reasonable determination of the Department, sufficiently respond to any request by the Department for additional information or documentation pursuant to paragraph (b)(3) above within 90 calendar days following such Department request, such party's request shall be deemed "lapsed" and be closed."



You must have missed the memo cuz as far as the rest of us can see, the visibility after the latest FINRA response has been essentially the same. Give me financials or you cannot proceed. Then GS says, I can't do that. Then we're back where we started. Give me the financials... Then GS says...

We are at a juncture where subjectivity is all that is left to break the deadlock. Someone has to give in and it's most likely going to be GS. Maybe, just maybe, FINRA will make an exception or offer a solution, either way it's back to unpredictability and subjectivity.