Cassandra,
Let me expand on what you said. Yes, the SEC can only suspend SRGE 10 days, as with any other stock it opts to suspend.
However, there are bigger risks specific to SRGE stock.
There has been a strong case made that Michael Davies (Davis?) is not an actual person.
If one were to be looking back (as a newbie) and traced the history of SRGE, you would find that the CEO has misspelled his name on at least one document (depending on if it is Davis or Davies). Nobody has actually "met" Mr. Davis (Davies?), and only certain particular longs (including the IRP) have claimed to have spoken with him. Emails have been sent, but without any proof that the person who is actually the CEO sent them.
SRGE filed a form 15 to deregister their shares, so the SEC does not have the power to revoke the shares. However, should they demand proof that Mr. Davies (Davis?) actually exists, and not be able to get it done, the SEC could deem any filings done by him (including the form 15), which would then leave SRGE open to be revoked.
The expanded notoriety of SRGE due to the "killing off" of the CEO and CFO is likely to put enough eyes and ears on them to call Davies's existence into question.
IMO/FWIW
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