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Re: None

Monday, 04/16/2018 2:09:48 PM

Monday, April 16, 2018 2:09:48 PM

Post# of 341589
http://www.wallstreetnewscast.com/microcap-0416/

Alpine joined the likes of COR Clearing to impose new rules that all but kills the toxic note industry. In short the new rules as we see them is no note conversion deposits will be accepted for issues that trade below $0.01 per share, and may not exceed 20% of the previous 20-day volume average in the stock in question.



Hmm. Could this be why American Green suddenly pushed to have a deal with Delta International? DLTZ is currently trading at $0.0875 a share, so conversion deposits can still be used. That leaves American Green high and dry, but luckily they own 82% voting control of DLTZ.

Well that makes sense now.