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Post# of 146162
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trader59

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Re: BeetBroker post# 59933

Friday, 02/08/2019 10:35:33 PM

Friday, February 08, 2019 10:35:33 PM

Post# of 146162
They have neither the power nor the responsibility to cancel the shares, however as the "manager" of the proceedings, it is their responsibility to notify FINRA that the equity has no value (ie - stock is worthless). That has been inevitable since the Visolis transaction closed (and they had documented it), though it usually happens after the proceedings are complete.
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