Actually I rethought what will happen on the 28th of September. I had forgotten that the SEC can only suspend stocks for a period of 10 days without formal legal proceedings. But I can assure you that all is not forgotten at the end of 10 days.
But what they will do at that point is relegate this dog to the gray sheets. Trading will resume as everyone runs for the door at the same time. Of course, many brokerage houses would not touch a gray stock with the proverbial 10 foot pole. That will be the light at the end of the tunnel for ZMGD ... an oncoming freight train! As with the other companies that made the SEC hit parade yesterday.
ZMGD, the wonder stock ... I wonder what they really do?
Yes you are right - on Monday the first of October we can trade our Zamage again - it is now only a time arrest like 15 other Companies with us to the same time too.
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