Home > Boards > US OTC > Delisted > Epic Stores Corp. (fka EPSC)

We can stick a fork in it...

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TripTrap   Thursday, 11/01/18 11:00:51 PM
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We can stick a fork in it...
https://www.sec.gov/investor/alerts/tradingsuspensions.pdf

No OTC stock that has been suspended for delinquency and for which an Order Instituting Proceeding (OIP) has been started has avoided revocation. The only thing EPSC management can really do is accept the revocation and not drag it out and then start over and try to re-register the stock. But the frequency with which that occurs in the OTC is about 1 in 1000 revoked stocks. And the VERY few that have done it (less than you can count on one hand) it took years..

The grey market which we are in is volatile, chaotic and liquidity can disappear quickly. Trades may or may not show up right away. Trades will be matched trades only with no bid/ask and no best execution. They can sometimes take hours...or even until the next day. EPSC will trade on the greys until it is revoked within the next 2-3 months. At that point the ticker will disappear and those still holding will have stock in a private company.

Sorry for the gloom and doom but this is the truth. This is the second time this has happened to me...never again will I trade OTC without being Pink Current.

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