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Thanks ! But can u see it having a pop short term before that ?
Securities like CNXS will need to provide the required disclosure to OTC Markets by June 30th. Securities that fail to comply will be removed from Pink as of the September 28 deadline.
May see a pop this week back to 0008..?
Very little selling at these levels, let’s see .0008 next week
REGULATORY & COMPLIANCE
Understanding The Expert Market
Cass Sanford March 25, 2021
The SEC’s amendments to Rule 15c2-11 will effectively eliminate public quoting in securities of issuers that do not make current information publicly available. This means that without an alternative approach, such securities on the Pink Market will fall to the Grey Market. The Grey Market is an opaque market where broker-dealers are not willing or able to publicly quote OTC securities given the lack of investor interest, company information or regulatory compliance. OTC Markets Group has submitted a proposal to the SEC to operate an Expert Market as an alternative to the Grey Market.
What is the Expert Market?
OTC Markets Group currently operates an Expert Market within OTC Link for a small number of companies. However, the proposed Expert Market would operate differently. Following the upcoming changes to Rule 15c2-11, the Expert Market tier will include the broader group of companies that will no longer be eligible for public quoting under the rule and will serve the pricing and best execution needs of qualified investors. Broker-dealers will be able to quote and trade Expert Market securities on OTC Link, however quotes in Expert Market securities will only be available to certain sophisticated investors, known as “Qualified Experts.”
Why is the Expert Market Important?
The Expert Market will offer an alternative to the Grey Market: a regulated trading venue where Qualified Experts can value these securities, access transparent price discovery and receive best execution through their FINRA member broker-dealer. Without an electronic platform to source liquidity, brokers have difficulty satisfying their best-execution requirements in Grey Market securities. It also offers regulators valuable insight into quotation activity that would otherwise be hidden in the opaque Grey Market.
Who is considered a Qualified Expert?
Qualified Experts include broker-dealers, institutions and accredited investors.
How are Companies affected by these Changes?
The answer to this depends on the market on which your securities trade. For companies that trade on the Pink Market, the guidelines and procedures will change to ensure that the current information required under the Rule is available on an ongoing basis. If your security trades on the Pink Market, you risk being shifted to the Expert Market unless you take the necessary steps to make current disclosure available. Visit the Information for Pink Companies section of our website for further details.
What are the Key Dates for the Implementation of Rule 15c2-11?
Companies will need to provide the required disclosure to OTC Markets by June 30th. This will ensure that our Issuer Compliance Team has sufficient time to review and update market status for a company’s securities prior to the rule’s compliance date on September 28th.
Securities that fail to comply will be removed from Pink as of the September deadline.
https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/
Out with the 50% gain... nice talking to you guys
Quiet board... anybody else notice the big hammer that formed today?
Hammer
The hammer candlestick pattern is formed of a short body with a long lower wick, and is found at the BOTTOM of a downward trend.
A hammer shows that although there were selling pressures during the day, ultimately a strong buying pressure drove the price back up.
Hopefully the Bulls show up in force tomorrow..
Grabbed me some 4s here... this looks like it's going to be a fun ride
ALERT
The required disclosure to OTC Markets is by June 30th, with a September 28 Deadline.
CNXS is already Caveat Emptor
https://www.otcmarkets.com/learn/caveat-emptor
https://www.otcmarkets.com/corporate-services/information-for-pink-companies
Since this is the CNXS board, I will address what’s occurring here on CNXS. For the other stocks you mentioned, I would suggest calling the TA or OTC Markets to inquire.
The information on the OTCMarkets TA Verified Shares program is easy to understand, it’s even in the iBox for traders who may falsely believe the company is updating the SS.
OTCQB standards and OTCQX Rules have Nothing to do with a Caveat Emptor stock like CNXS. I don’t know why that standard was quoted? They are obviously not the same.
No, I do Not know that “a lot of companies” moved out of Caveat Emptor status, I certainly do Not see “a lot”. The Fact is CNXS is Not currently one of them. They are still Caveat Emptor, that’s merely a Fact. See screenshot below.
Research on Conrad Huss is imperative, he doesn’t deserve defending. He’s been fined and disciplined by FINRA. For starters, Huss fraudulently misrepresented a private placement investment to a Non-Accredited,unsophisticated client causing damages of close to $400,000. When the claim was settled, Huss’s employer was saddled with paying the entire amount to the claimants...Huss contributed Nothing.
And on and on it goes:
That’s why I always say THOROUGH DD is necessary
DON’T BE FOOLED BY CROOKED CEOS & CAVEAT EMPTOR STOCKS
If thats your dd, you have missed out on the lions share of what has NOT taken place for the last few years.
Hardly worthy of a dd label.
Lmao at that silliness.
Its done nothing for years.
They used the word bitcoin as a marketing gizmo ....
Laughable pile of shit.
$CNXS are required to provide verified share data through a transfer agent.
Why do you think there are a lot of companies do not have transfer agent verified. Examples PHMB, NSPT,...
"OTCQX Rules and OTCQB Standards require that U.S. companies provide verified share data through a transfer agent who participates in the Transfer Agent Verified Shares Program." Link here
https://www.otcmarkets.com/corporate-services/transfer-agent-verified-shares-program#:~:text=The%20Transfer%20Agent%20Verified%20Shares,directly%20to%20OTC%20Markets%20Group.
If you really do a serious DD you will find a lot of companies that were dark / defunct / Caveat Emptor moved to Pink Current. However, I am sure you know that.
Again my question to you is
Why do you think Mr. Conrad Huss, CEO of three companies will work on 2 to bring them Pink Current, but not the third ( $CNXS). It does not make any sense.
Mr. Conrad Huss is listed under COMPANY DIRECTORS for all 3 companies.
CNXS
https://www.otcmarkets.com/stock/CNXS/profile
CZNI
https://www.otcmarkets.com/stock/CZNI/profile
RBNW
https://www.otcmarkets.com/stock/RBNW/profile
CNXS is Caveat Emptor, everyone should be aware of that. There are no filings, they’re not an SEC registrant. In fact they’ve not submitted OTC disclosures in almost 3 years, nor has Huss submitted anything.
CNXS doesn’t update the share structure themselves, the TA does for ALL their stocks as part of the OTC’s Verified TA program, read about it on the OTCMarkets site. The company has nothing to do with it, the TA does NOT charge for this.
No, I don’t need to “think again”, I’ve already done thorough DD on CNXS.
Thorough DD is imperative on these dark / defunct / and in this case, Caveat Emptor stock, i.e. BUYER BEWARE on CNXS.
$CNXS
Some of what you had mentioned is correct, but not all.
Bitcoin is listed everywhere in their fillings, so I will wait until the CEO states that no longer in the Bitcoin business.
SS updated and transfer agent verified, why they doing that for? (this is not free).
The CEO has an interest in the company, you think he will let it go to waste, think again.
Why do you think Mr. Conrad Huss, CEO of three companies will work of 2 to bring them Pink Current, but not the third ( $CNXS). It does not make any sense.
Mr. Conrad Huss is listed under COMPANY DIRECTORS for all 3 companies.
CNXS
https://www.otcmarkets.com/stock/CNXS/profile
CZNI
https://www.otcmarkets.com/stock/CZNI/profile
RBNW
https://www.otcmarkets.com/stock/RBNW/profile
Few weeks ago FTEG was Dark or Defunct, and take a look at FTEG now. I have example after example, but you get the idea.
2,512,833 of a .0006 stock is not heavy volume.
Nor is this Pig a bitcoin play.
SMH.
Heavy buying coming in “ under the radar Bitcoin play”
NO BITCOIN HERE.
SMH.
$$$$$$$$$ cnxs getting momo $$$$$$$$$$ bitcoin stock
Cmon man not back to that same old shit.
CNXS is not a Bitcoin company, it merely Dark and Caveat Emptor as well. They’ve not mentioned Bitcoin in 3 years, see the Stickie note.
Considering Rule 15c2-11 is in effect, CNXS will need to update financials (they’ve not submitted disclosures in 3 years), and give proper information, otherwise they’re up for suspension.
They have until June 30th to comply or be sent to the grey market no later than September 28th.
https://www.otcmarkets.com/stock/CNXS/overview
https://www.sec.gov/news/press-release/2021-35
$CNXS one of the cheapest Bitcoin Play
Bitcoin above 63K
https://www.cnbc.com/2021/04/12/etf-investors-say-coinbase-listing-will-cause-an-explosion-in-cryptoasset-investing.html
SS updated and Transfer Agent Verified
Outstanding Shares 5,266,089,296
https://www.otcmarkets.com/stock/CNXS/profile
CNXS President Conrad Huss is also involved with CZNI and RBNW
https://www.otcmarkets.com/stock/CNXS/profile
CZNI
https://www.otcmarkets.com/stock/CZNI/profile
RBNW
https://www.otcmarkets.com/stock/RBNW/profile
Hey hey hey! So what's the deal with this ticker? Anyone have any good dd or leads on dd? Thanks!
Often referred to as "somebody must know something."
Don’t be fooled by CNXS wash trading. Wash trading is a process whereby a trader buys and sells a security for the express purpose of feeding misleading information to the market. In some situations, wash trades are executed by a trader and a broker who are colluding with each other.
They should hire a good copy editor, Walletinvestor.com disclaimer states:
”Our predictions are made by Machine Learning & Ai, and shouldn't been used for financial decisions.”
The website also talks about other charcateresics. What does than mean, What are they trying to say?
Investor wallet has this thing moving up in April. We should see a huge jump next month.
So what? Nothing to do with this PILE OF SHIT.
CNXS is not connected to Bitcoin, the last time they submitted Financials was 03/31/18:
- Total assets were about $36,000 of which only $1300 was cash
- Total liabilities were about -$2.3 Million
If this has anything to do with Bitcoin, then I believe we should see it go up....maybe up like GAHC.
BITCOIN just hit over $61K. We should see a jump next week
I said SUSPENSION, not Suspicion. As I said, they are DARK and have been for years. Read Rule 15c2-11 to understand the SEC Rule.
It’s not a Bitcoin company, it merely Dark. Considering Rule 15c2-11 is in effect, CNXS will need to update financials (they’ve not submitted disclosures in 3 years), and give proper information, otherwise they’re up for suspension.
https://www.sec.gov/news/press-release/2021-35
Does anyone know what's going on with cnxs? I get that BITCOIN is down today and the entire CRYPTO market is down, but I haven't seen much movements here for 2 years.
$$$$$$$$$$$ CNXS BUILDING MOMO $$$$$$$$$$ I'M HERE TILL IT BREAKS .07 CENTS
Back where it belongs with No disclosures. I’d like to see the SEC suspend CNXS so Huss & his promoters won’t Con any more traders with his P&Ds.
This is headed back to trips it looks like
This golden turd is now down 59% on the day
Yikes, CNXS is falling fast! Can another P&D save it? It looks like their promoters are trying to prop it up.
Is that why CNXS is in the red? Not to mention the other pump and dump X*ET that is also in the red
LOOK AT MY HISTORY >>> EVERY STOCK I TOUCH TURNS TO GOLD AND CNXS IS ONE OF THEM >>>> 003'S WILL TOUCH TODAY
No abusive shorts here with 10 Billion authorized - That’s just a myth. However if you have documented proof of this so-called abusive short interest, please do post it.
SHORTS .... COVER !!! COVER !!!! GET READY SPIKE COMING ...CNXS $EASY 01 NEXT WEEK
Exactly, it’s merely another P&D, nothing new here.
The CNXS pump and dump seems to be circling the drain
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ALERT !!
The required disclosure to
OTC Markets was by June
30th, with a September 28,
2021 Deadline.
CNXS IS ALREADY CAVEAT
EMPTOR
https://www.otcmarkets.com/corporate-services/information-for-pink-companies
CONNEXUS Corp.(CNXS)
Bitcoin Direct can't afford website http://bitcoindirect.io/cgi-sys/suspendedpage.cgi
And financial shenanigans in 2016 https://www.sec.gov/litigation/admin/2016/34-78934.pdf
https://www.sec.gov/divisions/enforce/claims.htm
http://www.finra.org/investors/highlights/take-action-recover-
Financial Fraud
Also trying to find out if he paid 50K in fines.
Conrad R Huss Age 69
(845) 357-4796 - Landline
(845) 368-3446 - Landline
(845) 225-3551 - Landline
(914) 391-9130 - Wireless
(845) 559-3634 - Wireless
chuss@aol.com
micbrewcon@aol.com
chuss@southridgegroup.com
conrad.huss@gmail.com
micbrewcon@msn.com
chuss@sbcglobal.net
chuss1@aol.com
crhuss1@aol.com
3 Carpenter Ct
Airmont, NY 10952-4202
CNXS SHARE STRUCTURE
01/01/2017 O/S: 40,764,557
12/08/2017 O/S: 4,095,165,904
The Transfer Agent Verified Shares Program provides reliable share data to investors of OTCQX, OTCQB and Pink securities by allowing participating transfer agents to submit verified shares outstanding information on a regular basis for their clients directly to OTC Markets Group.
Share data provided by participating transfer agents is displayed alongside a “Transfer Agent Verified” logo on www.otcmarkets.com, indicating that the information is reliable and trustworthy.
This data is also disseminated through OTC Markets Group’s data products along with other security-related information to interested parties that rely on our data as the source for verified information on OTC securities.
What transfer agents are eligible to participate?
To be eligible to participate in the Transfer Agent Verified Shares Program, a transfer agent must be approved by OTC Markets Group and registered with its appropriate regulatory authority ("ARA"). An ARA shall mean the SEC, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System or the Comptroller of the Currency or, for transfer agents outside of the United States, an appropriate regulatory authority in their home country.
https://www.otcmarkets.com/corporate-services/transfer-agent-verified-shares-program
Participating Transfer Agents:
Action Stock Transfer
Alliance Trust Company
American Registrar & Transfer Co.
AST - American Stock Transfer & Trust Company
AST Trust Company Canada
Broadridge Financial Solutions, Inc.
Capital Transfer Agency, Inc.
ClearTrust, LLC
Colonial Stock Transfer Co. Inc.
Computershare Canada
Computershare US
Continental Stock Transfer & Trust Company
Direct Transfer LLC
Dynamic Stock Transfer, Inc.
* Empire Stock Transfer <<<< CNXS Transfer Agent
Endeavor Trust
EQ Shareowner Services
Equity Stock Transfer
First American Stock Transfer
Globex Transfer, LLC
Heritage U.S. Transfer Corp.
Integral Transfer Agency
Island Stock Transfer
Liberty Stock Transfer, Inc.
Madison Stock Transfer Inc.
Manhattan Transfer Registrar Co.
Mountain Share Transfer
National Securities Administrators
Nevada Agency and Transfer Company
New Horizon Transfer Inc.
Odyssey Trust Company
Olde Monmouth Stock Transfer
Olympia Trust Company
Pacific Stock Transfer
Philadelphia Stock Transfer, Inc.
Reliable Stock Transfer
Standard Registrar & Transfer Co., Inc.
Securities Transfer Corporation
Signature Stock Transfer, Inc.
Transfer Online, Inc.
TranShare Corporation
TSX Trust
Vail Stock Transfer
VStock Transfer
West Coast Stock Transfer, Inc.
Worldwide Stock Transfer, LLC
TRANSFER AGENTS DO NOT PAY TO PARTICIPATE IN THE PROGRAM. CONTACT
OTC MARKETS FOR FURTHER INFO ON THIS SUBJECT.
OTC Markets Group
************************
CAVEAT EMPTOR AKA BUYER BEWARE
Warning!!
This company may not be making material information
publicly available
Buying or selling a security on the basis of material
nonpublic material information is prohibited under
Section 10(b) of the Securities Exchange Act of 1934
and Rules 10b-5 and 10b5-1 thereunder.
Violators may be subject to civil and criminal penalties.
STOP!
THOROUGH DD ON CNXS IS IMPERATIVE,
DON'T BE FOOLED !!
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