DD Support Board and Research Team

[janice shell]

Companies doing corporate actions also pay fees to FINRA for processing them. Only $200 if the notice is timely, but up to $5000 if it's late. Since many pennies are pretty much broke, perhaps at least some will be thinking twice now that an additional $1000 is required.

I just noticed for the first time that a penny company can apparently request symbol deletion. One so wishes more of them would.

http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=12829&element_id=9364&highlight=6490#r12829