I am all for the imparting of knowledge.
Thanks for the information and background.
Many of us have been here since this was a reporting ticker, and in some but not all cases with a minimal investment commensurate with the risks involved. The stock was then trading at .0001 and essentially a binary play.
Securities Attorney Brenda Hamilton posted this information..
"When a stock is suspended, after four sessions without published quotations it will be demoted to the Grey Market. Once the suspension ends, limited or “unsolicited” trading can occur in these Grey stocks. Investors may trade, but at their own risk. Typically, a brand new Grey loses 60% to 80% of its value the first day out; within a few weeks, volume declines dramatically."
So I guess the next question is. What happens from Grey market to Revocation of the actual ticker. Is there a time frame? A legal process? A series of events what makes that happen?
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
