Renee
4 years ago
There are a few stocks with revoked registrations that have successfully reregistered with the SEC via a FORM 10.....an infinitesimally detailed Filing. Examples are provided at the end of the 1st linked post.
PWNX was suspended in a suspension sweep in 2015. (2nd link)
However, although PWNX was severely delinquent in their Financials reporting the SEC did not include an ADMIN. Proceeding to revoke the company's stock registration(s).
According to OTC Markets no-one has been able to contact the company, and there has not been any news or disclosures since 2007. (3rd link)
It can be presumed the company folded and disappeared before or after the SEC Suspension, and unless the company files a FORM 10 to reregister with the SEC, which is quite unlikely, the company will remain on the Grey Market until FINRA deletes the symbol as an illiquid/inactive security.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531088
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=111318777&txt2find=pwnx
https://www.otcmarkets.com/stock/PWNX/disclosure
GTLL_No1
4 years ago
2015 was 6 years ago lol. Money changes everything.
I have seen OTC markets reverse Caveat Emptor, Shell advisories.... everything... Once real information comes to life. This stock is not even on stocktwits yet, let alone anything else..
Their YouTube video only has 20 views!!!
I don't throw my money towards lost causes ;)
The float on this is so thin, which is why my team has been unable to purchase more shares.. The only reason that I am talking about this stock this early is because I told my Twitter followers I would give them something awesome over a week ago... And I know that I owe them an answer, even if my team can't even buy shares.
Business is business.
Going forward I know I need to be more reserved in sharing my DD and my teams investments... This is a one off.
Cheers,
G