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Wednesday, April 11, 2018 12:14:16 PM
So it may not have anything to do with the plans for RARS and the O Lazar plays whatsoever...but for sure it's gonna be affecting a ton of other penny companies for sure.
What I've heard so far is that all the brokerage firms that use alpine clearing are gonna be imposing strict illiquidity rules on penny funders making it virtually impossible for them to liquidate their aged debt dilutive paper without posting insane cash collateral levels.
But tomorrow forward is gonna be when we start getting concrete answers on the new landscape because tomorrow is supposed to be when mm BMIC gets shut down.
So over tomorrow/Friday and all of next week it sure looks like the double and triple zero penny companies are gonna be entering a whole new world...but the entire answers on how that's gonna change things is still to be determined cheers.
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