I've asked FINRA and the answer I got from them is no paperwork has been filed.....I have no reason to make this stuff up....here we go one more time. FINRA response: FINRA Investor Education Generally, when an OTC company files bankruptcy, they must submit paperwork confirming the finalization of the bankruptcy plan by the court. Once that information is received the symbol is updated accordingly and will be posted to the Daily List. http://otce.finra.org/DailyList ;
The stock remains active until the company files the correct paperwork to have it removed, or it is otherwise terminated by a regulator (e.g. SEC). Thank you.
Mr Robins response:
Dear Mr. xxx…..you are correct in that the shares in Ario were eliminated in the bankruptcy proceeding. We will look into sending a notice to Finra to that effect.
Everything I post is from my own DD and in no way is a recommendation to buy or sell a stock. Please do your own DD and decide if this stock is right for you. Thank you and good trading.
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