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Re: Flygy481 post# 9205

Friday, 05/11/2018 2:33:42 PM

Friday, May 11, 2018 2:33:42 PM

Post# of 9229
You have to ask the company. But as a private company they do not have any reporting or disclosure requirements...and have no obligation to communicate with anyone. And whatever they do say should be taken with a grain of salt.

In general, and unfortunately in the OTC, revoked stocks eventually go dark and are never heard from again. Someday in the future your broker will want to remove the stock from your account or have you pay a maintenance fee. The could also give you the option for them to buy your entire holding for $1 so you can get the tax write-off.

But revocation in the OTC pretty much means it’s dead and done.

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