This company filed a form 15- which can be seen on the OTC markets website. I dont think we will be hearing from them anytime soon..I would like to think this has a happy ending but I doubt it.
This form is basically saying we are not reporting anything to the SEC and the chances we hear from this company would require them to file for reinstatement which could be done. This company had lots of assets so if a reinstatement ever where to come expect the share prices to rocket launch higher.. you never know maybe a year or two from now they file for reinstatement but I have placed this in the dead files for now.
Received 3/15/2012)
FORM 15
Certification and Notice of Termination of Registration under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934
Definition of 'SEC Form 15' A filing with the Securities and Exchange Commission (SEC), also known as the Certification and Notice of Termination of Registration. It is used by publicly traded companies to revoke the registration of their securities. SEC Form 15 may also be used to notify the SEC and investors of a company's intent to cease filing various required forms because their securities no longer fall under certain filing requirements. Investopedia explains 'SEC Form 15' When a company files an SEC Form 15, it usually means one of two things. It may mean that a company is ceasing to exist in a publicly-traded form, either returning to privately-held status or going out of business altogether. Alternatively, it may mean that a company is simply canceling a certain class of securities, replacing them with another class.
Related Forms: SEC Forms 15-12B, 15-12D, 15-12G, and 15-12F.