First off, the suspension is not just due to southridge lying about a JV. The suspension order reads....
The SEC investigates allegations PRIOR TO (that means 'before') issuing a suspension order. The SEC is aware that a suspension order is very damaging to the stock involved. They are aware that in many instances, it is a virtual "death sentence" for someone's investment. Therefore they investigate thoroughly BEFORE suspending.
They have ALREADY found that it is in the investing public's best interest to suspend southridge and consign them to the grey market.