Sunday, August 27, 2017 11:07:45 PM
"The Commission temporarily suspended trading in the securities of ARSC because of questions that have arisen regarding publicly available information about the company in press releases on OTCMarkets.com, dated August 1, and August 8, 2017, concerning, among other things, the company's business transition to the cryptocurrency markets and early adoption of blockchain technology. This order was entered pursuant to Section 12(k) of the Exchange Act."
The PRs that the company put out hardly claim anything at all, I find it hard to believe it was suspended for acquiring some website/app and changing their name. if the reason was some kind of, say pump campaign, then just say it in the reason for halt.
It's disconcerting to say the least as an investor to see a company halted for those reasons. It almost reads as if they will target anything cryptocurrency no matter what... and then mislead the public as to why they are going after said companies. like I said, my suspicion is something to do with a pump campaign that they dont want to talk about, but that remains to be seen (if it ever will be).
Give me a Member Mark if you want to track WINNERS and I will follow you back!
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