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Saturday, September 29, 2018 11:26:32 AM
Risks are Limited in some important areas:
The SEC has established certain regulations for Gray Sheet stocks that limit risks to investors, as follows:
• The stock may not be solicited or advertised - so pump-n-dump scams by broker, mail, fax, etc are limited.
• Grey Sheet stocks that do have a public offering of shares cannot be shorted. This is a benefit in that unreasonable plunges in share values are minimal because broker-dealers and other investors and scam artists cannot short the stocks by law.
Very interesting.....many company's
actually trade higher with much more stability on the grey sheets when they have a float as low as $SECI
Recent SECI News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 08:01:54 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/17/2024 06:28:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 08:38:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 07:00:24 PM
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