InvestorsHub Logo
Followers 11
Posts 287
Boards Moderated 0
Alias Born 02/21/2014

Re: None

Monday, 04/10/2017 3:00:10 AM

Monday, April 10, 2017 3:00:10 AM

Post# of 7474
There was never any mention of "scrutiny." When there's a spike like CNBX experienced, it gets flagged by the system for follow-up. The OTC asks the company what the cause of the surge was, and whether there's any sort of promo. And yes, they run some searches to see if there was any activity that might have caused the spike. Usually, it's just an inquiry and that's it. It looks like the buying frenzy was the result of technical traders and automated systems combined with a company in a hot sector. I believe the market had already maxed out by the time the company was contacted by OTCM.

The mission to civilize continues. Disclaimer: All of my posted comments are opinion only and should not be construed or relied upon as fact or advice.