Replies to post #61734 on DD Support Board and Research Team

[janice shell]

Probably they wouldn't remove the filings; they never remove filings. Or rather, I can think of only one case in which they did that.

At the very least, they'd make the company stop sending filings to Edgar unless it decided to submit a registration statement.

[1manband]

As Janice said, they will almost certainly tell them to stop using EDGAR until the file a registration statement and are required to file periodic reports. But, the fact that they don't understand SEC regulations is a HUGE black mark with the SEC. They expect companies to not only know the regulations, but comply with them at all times. When they don't, they get extra attention from the Commission, which is never a good thing. In extreme cases, the SEC will even do everything they can to prevent them from ever becoming a registrant again.

The moral of the story is know what you are doing with the SEC at all times, and always meet your reporting requirements.

[1manband]

BTW, did Hannover give a reason for resuming filing with the SEC, or did they just feel like doing it? Because that 10-Q they "filed" on EDGAR is seriously deficient. It doesn't meet the legal requirements of a Form 10-Q. It is almost as if they just decided to file whatever they pleased.