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SOLI trades on the grey market. It

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nodummy   Monday, 04/29/19 09:04:42 AM
Re: pennystock_es post# 697
Post # of 726 
SOLI trades on the grey market. It was suspended by the SEC a long time ago.

All grey market stocks are designated with the skull & crossbones by OTC Markets.

The reason SOLI has done so well despite being a grey market stock is because it has a lot of traders convinced that it will be coming off the grey market and has taken some steps to back up the idea (like filing a Form 10, etc).

OTC Markets isn't a regulator so the skull & crossbones designation by OTC Markets is mainly just a warning sign to investors/traders that a stock is shady. Outside of scaring trades away from the stock, the skull & crossbones doesn't have much effect on the actual trading of the stock. Although, I believe some brokers do put some trading restrictions on stocks that are given the skull & crossbones.

Bottom line is that OMHE and DANR are not merge candidates for anybody currently, and anybody saying they are is just lying to the public to manipulate the share price of those two stocks. OTC Markets saw the fraud taking place by UnderGroundStocks.com and gave both stocks the skull & crossbones designation because of it.





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