An LLC is a business status that a company applies for through the state corporation commission in lieu of applying to become a full incorporated entity. The tax and reporting requirements are less stringent. To have one's LLC revoked could simply mean that they failed to renew their application or pay the annual fee. It could simply mean that they no longer had the need to be designated as an LLC. A revokation just means that the state government no longer considered them an LLC for any one of several administrative reasons, it doesn't necessarily mean they did anything bad. It could mean they simply didn't file some paperwork for a particular fiscal year.