InvestorsHub Logo
Followers 42
Posts 3085
Boards Moderated 0
Alias Born 06/27/2011

Re: Sunnybank post# 62382

Monday, 04/21/2014 5:12:33 PM

Monday, April 21, 2014 5:12:33 PM

Post# of 72244
I have 2 different emails from OTC Markets, and I specifically asked with specific questions about companies that are R/S-ing and what the requirements were.

Both were explicit: 30 day ongoing test to be met.

One CEO on another board thought he was "good" until next May. Nope.

So here is the grand conspiracy: Did these companies R/S to keep on the QB as they are stating, or was that just a strawman to cover for an opportunity to grow the S/S?

I asked another CEO who did a 1:100 split (currently his SP is sinking and will be trips soon): Why not do a 1:500 if you were so worried about keeping above the penny for the QB?

To which he publicly berated me, prompting the OTC Market inquiry.

Something is rotten in Denmark. This is definitely a case of Buyer Beware.

JMO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.