Posted On: 03/10/2014 9:29:00 PM
Post# of 36729
A Tale of 1,837 Stocks Suspended or Why AVNE is a Dead Duck
From January 1, 2010 to March 8, 2014 the SEC suspended 1,837 stocks. All were banished to the Grey Sheets. Of the 1,837 suspended stocks, 812 remain on the Grey Sheets and, in the case of other 1025, their registrations were revoked.
Since Jan 2011 only one suspended stock -- EDVP (now PRLX) a fully reporting SEC company -- managed to get off the Grey Sheets. The company corrected misinformation regarding a patent. Before EVDP, the last ticker to leave the grey sheets after suspension was Emergent Health Corp (EMGE) suspended on September 30, 2009. AVNE? Better the chance of finding a snowman on the sun's surface.
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For the near certain fate of AVNE pps (last chart), consider these shining examples.
From January 1, 2010 to March 8, 2014 the SEC suspended 1,837 stocks. All were banished to the Grey Sheets. Of the 1,837 suspended stocks, 812 remain on the Grey Sheets and, in the case of other 1025, their registrations were revoked.
Since Jan 2011 only one suspended stock -- EDVP (now PRLX) a fully reporting SEC company -- managed to get off the Grey Sheets. The company corrected misinformation regarding a patent. Before EVDP, the last ticker to leave the grey sheets after suspension was Emergent Health Corp (EMGE) suspended on September 30, 2009. AVNE? Better the chance of finding a snowman on the sun's surface.
.
For the near certain fate of AVNE pps (last chart), consider these shining examples.
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