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I wanted to note that I talked to eTrade today and stocks designated as "Pink Limited" are still tradable through them starting Monday.
I'm not in this stock but I wanted to note that I talked to eTrade today and stocks designated as "Pink Limited" are still tradable through them starting Monday. BLTA.
Just talked to a broker at eTrade and he verified that with it's current Pink Limited designation FTEG is still going to be traded through eTrade starting Monday.
.0002 x .0003 Pink Current/Pink Yield stocks. (As of this writing.)
FTEG - https://investorshub.advfn.com/For-The-Earth-Corporation-FTEG-18700
RBNW - https://investorshub.advfn.com/Renewable-Energy-&-Power-RBNW-30288
CBDL - https://investorshub.advfn.com/CBD-Life-Sciences-Inc-CBDL-10536
GNCP - https://investorshub.advfn.com/GNCC-Capital-Inc-GNCP-3731
.0002 x .0003 Pink Current/Pink Yield stocks. (As of this writing.)
FTEG - https://investorshub.advfn.com/For-The-Earth-Corporation-FTEG-18700
RBNW - https://investorshub.advfn.com/Renewable-Energy-&-Power-RBNW-30288
CBDL - https://investorshub.advfn.com/CBD-Life-Sciences-Inc-CBDL-10536
GNCP - https://investorshub.advfn.com/GNCC-Capital-Inc-GNCP-3731
There are three FTEG OTCMarkets.com submissions dated 8/25/21, two of them noted as "amended". https://www.otcmarkets.com/stock/FTEG/disclosure
A FTEG yield sign on otcmarkets.com still keeps the stock tradeable after September 28th (though the yield sign likely will be gone sooner and it will once again be Pink Current.) https://www.otcmarkets.com/stock/fteg/overview
"Limited Information"
Companies with Limited Information status on OTC Markets are delineated by a “yield” sign and post some financial and basic information on the company on the OTC Markets website, but either do not report to the SEC or do not include enough information to satisfy the Current Information requirements. The following minimum disclosure is required to maintain Limited Information status:
Maintain quarterly and annual reports that are no older than 6 months and that include a balance sheet, income statement and total number of issued and outstanding shares;
Financial statements must be prepared in accordance with GAAP; and
The company profile page on OTC Markets must be current and accurate.
In addition, to maintain Limited information status, a company must subscribe to the OTC Disclosure & News Service with an annual fee of $4,200 and a one-time set-up fee of $500."
http://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/
Just talked to eTrade and tomorrow is indeed the last day to buy stocks through them that have the stop sign.
Just talked to eTrade on the phone and tomorrow is indeed the last day to buy stocks through them that have the stop sign.
Just talked to eTrade on the phone and tomorrow is indeed the last day to buy stocks through them that have the stop sign.
That's sad to see, maybe the publicity about the trading cut-offs is bringing more money into those terminal stocks.
Too many people buying those stocks at the ask IMO.
>>>look around the OTC as a whole. bids have been rising when they should be falling given the August 27th cut off and other cut-offs/ deadlines
Nice post Brown4321, thank you.
Thanks guys for the research and update on FTEG Pink status.
I for one will be calling eTrade Thursday to see if their non-pink current, or yield deadline to buy remains Friday, we might leave the .0002 bid behind next week if so.
Maybe one of you fine folks will hear of something related to this before then.
The news would be eTrade not allowing buys of any microcap starting Monday that isn't Pink Current or Pink 'Yield'. That's great for CBDL.
The question remains will eTrade extend that deadline.
Last I heard the latest deadline for for that for TDAmeritrade was Sept. 3rd but will they extend it (again)?
A lot of buying so far today, maybe something special going on? Maybe, possibly?
When does it go back to .0003 x .0004 and keep going up?
Go ahead bashers unload on me!
FTEG can still trade normally after 9/28.
Assuming eTrade holds true to it's word, the last day to trade NON-Pink Current or Pink Yield stocks through eTrade platform is this Friday.
That's their biggest advantage IMO.
I remember in July or August, 2019 when TSNP was going in and out of no-bid, for some of that time it had that yield sign also. I know the situation between it and FTEG is quite different though, for one thing at the time TSNP's OS was only 3 billion something.
Wow, a 34 million buy at the ask!
Sorry, I also used this post for when RBNW had a yield sign. I just forgot to take their symbol off this FTEG post, RBNW and FTEG have no relationship that I am aware of. Incidentally RBNW is pink current now.
A yield sign on otcmarkets.com. https://www.otcmarkets.com/stock/RBNW/overview
"Limited Information
Companies with Limited Information status on OTC Markets are delineated by a “yield” sign and post some financial and basic information on the company on the OTC Markets website, but either do not report to the SEC or do not include enough information to satisfy the Current Information requirements. The following minimum disclosure is required to maintain Limited Information status:
Maintain quarterly and annual reports that are no older than 6 months and that include a balance sheet, income statement and total number of issued and outstanding shares;
Financial statements must be prepared in accordance with GAAP; and
The company profile page on OTC Markets must be current and accurate.
In addition, to maintain Limited information status, a company must subscribe to the OTC Disclosure & News Service with an annual fee of $4,200 and a one-time set-up fee of $500."
http://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/
Sorry, I don't understand what you wrote, please re-write.
They recently released their latest required quarterly report, and more, so they should be able to take care of the issue soon. It would be interesting to know what the issue is. https://www.otcmarkets.com/stock/FTEG/disclosure
Pink stocks with a yield sign have avenues they can go through to continue trading after the deadline. It's nothing like have a stop sign.
Hopefully there won't be another big dump soon like on July 9 and August 6th. https://finance.yahoo.com/quote/FTEG/history?p=FTEG
If they don't change their minds, this coming Friday is the last day to buy non-current pink sheet stocks from eTrade, (that's what eTrade told me last Week.)
FTEG is current thus will continue to be traded through brokers.
And what a fine POS it is!
Important - I talked to eTrade yesterday, the woman there said she idn't expect their August 27th deadline of being the last day to be able to buy non-current pink sheet stocks, to be extended. (Of course she could be wrong.) So with eTrade the cut off appears to be August 27th! Beware!
More info on the countless stocks after August 27th that can't be bought using eTrade - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
FTEG (.0002 x .0003) is Pink Current so it WILL continue to trade normally after August 27th.
Important - I talked to eTrade yesterday, the woman there said she idn't expect their August 27th deadline of being the last day to be able to buy non-current pink sheet stocks, to be extended. (Of course she could be wrong.) So with eTrade the cut off appears to be August 27th! Beware!
More info on the countless stocks after August 27th that can't be bought using eTrade - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
FTEG (.0002 x .0003) is Pink Current so it WILL continue to trade normally after August 27th.
How interesting, I didn't know litigation regarding that was a possibility.
I later called TDAmeritrade and was told they're currently scheduled to do the same after September 3rd. As we know though they keep changing their minds as to such dates. Maybe they wanted to make sure to be after eTrade.
Important - I just talked to eTrade, the woman there said she'd be surprised if their August 27th deadline of being the last day to be able to buy non-current pink sheet stocks, will be extended. (Of course she could be wrong.)
More info on the countless stocks after August 27th that can't be bought using eTrade - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
FTEG (.0002 x .0003) is Pink Current so it will keep trading normally.
I just talked to eTrade, the woman there said she'd be surprised if their August 27th deadline of being the last day to be able to buy non-current pink sheet stocks, will be extended. (Of course she could be wrong.)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
As you know FTEG is not affected by that as it is Pink Current.
Post on other boards about FTEG! Hello folks, if you are long FTEG do please post about the stock to help get interest.
It's currently tied at the bid for the cheapest (at .0002) Pink Current stock.
Some higher volume related general boards include:
https://investorshub.advfn.com/Bbs-Stock-Haven-2199
https://investorshub.advfn.com/SMART-MONEY-GROUP-25875/
https://investorshub.advfn.com/boards/getboards.aspx?searchstr=.0001
https://investorshub.advfn.com/Weekend-Warriors-27071/
---------
Note the doomesday Microcap August stock buying restriction dates if it's not Pink Current (which FTEG & CBDL are) (though the TDAMeritrade date has already been delayed):
TDAmeritrade - https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf ("Mid-August" restrictions for so many stocks)
ETrade's massive microcap stock buying restrictions starts August 27th (next Friday!) - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
FTEG iHub board - https://investorshub.advfn.com/For-The-Earth-Corporation-FTEG-18700/
FTEG - Tied for cheapest Pink Current stock (at the moment) - .0002s are filling - Bid & Ask is .0002 x .0003 - Lots of filings - https://www.otcmarkets.com/stock/FTEG/disclosure
Note the doomesday Microcap August stock buying restriction dates if it's not Pink Current (which FTEG & CBDL are) (though the TDAMeritrade date has already been delayed):
TDAmeritrade - https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf ("Mid-August" restrictions for so many stocks)
ETrade's massive microcap stock buying restrictions starts August 27th (next Friday!) - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
FTEG iHub board - https://investorshub.advfn.com/For-The-Earth-Corporation-FTEG-18700/
FTEG - Tied for cheapest Pink Current stock (at the moment) - .0002s are filling - Bid & Ask is .0002 x .0003 - Lots of filings - https://www.otcmarkets.com/stock/FTEG/disclosure
Note the doomesday Microcap August stock buying restriction dates if it's not Pink Current (which FTEG & CBDL are) (though the TDAMeritrade date has already been delayed):
TDAmeritrade - https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf ("Mid-August" restrictions for so many stocks)
ETrade's massive microcap stock buying restrictions starts August 27th (next Friday!) - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
I think the TDAmeritrade date has already been delayed but buying restrictions could start next week; once that does I suspect things will change here.
Good thing FTEG isn't on these August lists as it's Pink Current.
We'll likely see more buying here after the following August dates (though one or both of these dates might be delayed):
TDAmeritrade - https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf ("Mid-August" restrictions for so many stocks)
ETrade Massive stock buying restrictions starts August 27th (next Friday) - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165504940
New regulations will affect your ability to buy and sell “Pink No Information,” “Grey Market,” and “Expert Market” Over-the-Counter (OTC) securities, including at E*TRADE.
On September 28, 2021, new amendments to Rule 15c2-11 under the Securities Exchange Act of 1934 take effect that will impact the market for certain OTC securities classified as Pink No Information, Grey Market, and Expert Market OTC securities (collectively, “Impacted OTC Securities”). These rule changes prohibit broker-dealers, like E*TRADE, from publishing bid/ask quotations of companies that fail to publicly report and keep current financial and other company information. The amendments also restrict the ability of retail investors to open new positions in Impacted OTC Securities.
What these rule changes mean for you
After Friday, August 27, 2021, E*TRADE customers will no longer be able to buy Impacted OTC Securities through E*TRADE. E*TRADE will restrict new buy orders in Impacted OTC Securities prior to the regulatory enforcement date, as it may become more difficult to liquidate such securities after the compliance deadline. While E*TRADE will accept closing orders to liquidate positions in these securities after the amendment goes into effect on September 28, 2021, it may be more difficult to sell these securities, as quoting and market liquidity may be very limited. The following restrictions will apply to any closing order for Impacted OTC Securities: ? ? You must not be an Affiliate, Insider, or Control Person of the company ? Only limit orders will be accepted ? Quotes for the security will not be available ? Other restrictions related to the purchase and sale of these securities may also apply.
Please visit OTC Markets Group’s website to see if any OTC securities you hold are currently categorized as a Pink No Information, Grey Market or Expert Market security.¹
See the links below for more information regarding these changes and how they might affect you: ? ? Understand the SEC amendments for OTC securities ? Learn more about quotations for OTC securities ? As always, thank you for choosing E*TRADE. It is our privilege to serve you.
Dumping but because of that cheaper shares are available. We'd all wish the dumping would stop though.
I'm not a basher but the bid order volume is too close to .0002 for me to buy .0004s at the moment but I could miss the jump.
It's been teasing the .0002s a few times as you know, all it takes is another dump, however I think there's already 2 - 3 billion .0002s in orders.
Great potential here though. .0004s likely still a fine place to be eventually but I'm expecting .0002s though before the jump.
I could be wrong.
That's a lot of work you did Mike.
I'm seeing a lot of tickers from my trading past, I have memories of a number of them.
At least traders had this past February to make money on a number of them before they had to go.
Nice post Michael, looks to me that they've done that. https://www.otcmarkets.com/stock/CBDL/disclosure