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kevroc

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kevroc

Re: Churak post# 60502

Monday, 02/11/2019 8:08:47 AM

Monday, February 11, 2019 8:08:47 AM

Post# of 145259
This response tells me that you have no idea what corporate actions are nor how FINRA operates. FINRA can only control the issuance/change/restriction/recission of a ticker symbol. They do not control the A/S or O/S of a corporation and they cannot "cancel" any shares in a corporation. FINRA can only affect the public trading of shares.

In the expanded powers order, PWC was granted the power to amend the corporate articles after the full Board resigned. I don't have time to find the excerpt, but I'm sure others can backup that statement.
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