Appreciate your view on FINRA. I have no love for regulators either unfortunately they get to run the exchanges.
The problem is FINRA regulates the MM and the issuer (ECOS). A MM with two brain cells wont process a trade at the split price since their regulator (FINRA) has told them it hasn't happened.
If I were MS I would refile my FINRA notification on the split ASAP, together with the documentation showing Asher is no longer in the stock. That is the only way the Company, the State of Nevada and the exchange will ever be on the same page.
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