It would go to the Grey Market and off the Pink Sheets for about two weeks as soon as the suspension is handed down.
That means no quotes or Market Makers. Essentially it is near impossible to trade in a sense.
To get back trading, an owner would need to file a 15c-211, have two years of audited financial statements, and a full disclosure agreement. All would have to be acceptable to the SEC. Then they could get a MM to sponsor them.
If they don't comply within the two weeks the stock becomes revoked and never trades again. Everyone loses every penny invested.
It just happened on a stock I'm in called PVRE. I lost $100. They went through a reverse merger with a company that never filed also.
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