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Emax Holdings Corp EMXC
Posted On: 04/04/2012 12:46:49 AM
Post# of 182
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Posted By: JCN
Re: brothersstrong #116

EMXC will come off suspension per the SEC timeline in the attached link http://www.sec.gov/litigation/suspensions/2012/34-66708.pdf and then go to the grey sheets which means that EMXC will not have a Market Maker sponsor thus no bid or ask and the stock can trade at whatever price (usually lower than before it was suspended) with no guarantee on a high or low price.


If and when EMXC gets all their filings and or any other information needed to be in compliance so that a Market Maker will again sponser them (so that EMXC can be quoted with a bid and ask again) the same Market Maker has to handle the filing of a Form 211 with FINRA, to sponsor the stock.


I have no idea if or when EMXC will have a Market Maker file Form 211 with FINRA, to sponsor the stock. I am hopeful that EMXC does what is needed to correct this A.S.A.P.














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