That won't happen either. Even if it did what would become of the current shares? And why doesn't all the other Grey Market SEC suspended stocks do that? Because it won't work. The SEC is watching...
This company CANNOT skip or get around 15c-211. It can certainly submit a Form 10 or S-1 and a MM may use that as evidence of its DD to supporting a 211, but it cannot get around FINRA or 15c-211.
FINRA stands between them and uplisting. Not the SEC. The SEC interest at this point is to determine if adminstrative charges are to be brought. If they decide there was criminal activity they refer to the DOJ.
nonsense. do you think bizm is smarter than all the hundreds of other suspended stocks? no, their not. an s1 would never be approved. and then, even worse, what would happen to the old shares? a dividend you say? nonsense. finra would never approve a dividend. even if what you are suggesting were remotely possible existing shareholders would be wiped out. no, this scam is done.