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It's the caveat emptor that's killing this, Perkins

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Big Brother Member Level  Tuesday, 09/18/18 08:42:55 AM
Re: The_Free_Nebula post# 166
Post # of 177 
It's the caveat emptor that's killing this, Perkins should sue OTCM and try to get it removed.

These are the reason they give for CE.

Promotion- There was never any promo here

Investigation of Fraud or Other Criminal Activities- Nothing in the filings would indicate this.

Suspension/Halt- Never was suspended or halted

Undisclosed Corporate Actions- All SEC filings are up to date and have been for quite a long time now.

Other Public Interest Concern- Yes, Perkins had some legal issues 10 to 20 years ago, with the whole Sunburst fiasco, which are all spelled out in the filings and fully disclosed but I don't see why they would still be holding it against him all these years later.

Quote:
The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:

Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.

Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.

Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.



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