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Re: 231gr post# 980

Tuesday, 09/19/2017 4:05:01 PM

Tuesday, September 19, 2017 4:05:01 PM

Post# of 1136

Heard from someone with close knowledge to RMTN that, they anyways had to go off from the pink slip and now moving to a legitimate exchange as Nasdaq.



Whoever told you that is either very, very wrong, or is fooling with you.

The first requirement of any exchange listing is to be registered with the SEC. RMTN is not an SEC registrant. That is not something that can be rectified in a few days. The process is very thorough and time consuming, which is why having an SEC registration is important for legitimate companies and why most knowledgeable investors will only invest in SEC registrants. Non-SEC registrants are not legitimate companies and are essentially garbage.

Of course, there is also the issue that RMTN doesn't meet any of the other initial Exchange Listing Requirements, and no Exchange (either in the US or Internationally) will accept for listing any stock under current regulatory investigation, which RMTN definitely is.

But all that is moot anyway, since RMTN is not an SEC registrant. All they will do is begin trading on the gray market without MM quotations when the 10-day SEC suspension automatically expires at 11:59 P.M. on September 29th, which would make the resumption date Monday, October 2nd.