## Why Is Strikeforce Stock Not Trading?
Strikeforce Technologies, Inc. (NASDAQ: SRF) is a technology company that provides software and services for the security and compliance of critical infrastructure. The company’s stock has not traded since March 16, 2020, when it was halted by the Securities and Exchange Commission (SEC).
The SEC’s halt came after Strikeforce announced that it had received a subpoena from the U.S. Attorney’s Office for the Southern District of New York. The subpoena requested documents and information related to the company’s financial statements and operations.
Strikeforce has not disclosed the specific nature of the investigation, but it has said that it is cooperating with the SEC and the U.S. Attorney’s Office. The company has also said that it believes that the investigation will not have a material adverse effect on its business.
However, the SEC’s halt has prevented Strikeforce from trading its stock. This has made it difficult for investors to sell their shares or to buy additional shares. It has also made it difficult for the company to raise capital.
The SEC’s halt is expected to remain in place until the investigation is complete. This could take several months or even years. In the meantime, Strikeforce’s stock will continue to be untradeable.
## What Does This Mean for Investors?
Investors who own Strikeforce stock should be aware of the following:
* The SEC’s halt has prevented the stock from trading since March 16, 2020.
* The SEC’s investigation is ongoing.
* Strikeforce has not disclosed the specific nature of the investigation.
* The company has said that it believes that the investigation will not have a material adverse effect on its business.
* However, the SEC’s halt has made it difficult for investors to sell their shares or to buy additional shares.
* It has also made it difficult for the company to raise capital.
* The SEC’s halt is expected to remain in place until the investigation is complete.
* This could take several months or even years.
* In the meantime, Strikeforce’s stock will continue to be untradeable.
Investors should consider the following factors when making decisions about Strikeforce stock:
* The potential risks and rewards of investing in the company.
* The company’s financial condition and prospects.
* The SEC’s investigation and the potential impact it could have on the company.
* The stock’s current price and trading volume.
Investors should also be aware that the SEC’s halt could have a negative impact on the price of Strikeforce stock. If the investigation reveals any wrongdoing, the stock price could decline significantly.
## Conclusion
The SEC’s halt of Strikeforce’s stock is a serious matter. Investors should be aware of the risks involved in investing in the company. They should also consider the potential impact of the SEC’s investigation on the stock price.