Home > Boards > US OTC > Delisted > Fortress Financial Group (fka FFGO)

Sorry, once again 100% wrong

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puppydotcom Member Profile puppydotcom Member Level 
Wednesday, May 16, 2012 1:01:32 PM
Re: SevenTenEleven post# 200273 Post # of 213385 
Sorry, once again 100% wrong

2) he pays me a negotiated price to close out my position(s) he sold me.

the broker has ZERO responsibility to pay share holders anything on revoked stocks ...

The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock pursuant to Section 12(j) of the Exchange Act. Under Section 12(j), the SEC is authorized to revoke the registration of a security if it fails to comply with the federal securities laws. No broker-dealer may execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).


http://www.sec.gov/answers/dfnctco.htm


Fortress Financial Group (fka FFGO) () Stock Trading Info:
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