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Monday, 08/26/2019 9:49:29 AM

Monday, August 26, 2019 9:49:29 AM

Post# of 17377
The SEC is cracking down on delinquent filers.

https://otcmarketresearch.com/sec-gives-delinquent-filers-a-wake-up-call/

Even if a delinquent filer hasn’t been abandoned, it is still bad to allow the stock to continue to trade for the simple fact that the Issuer isn’t providing the public with adequate information to allow investors to trade the stock without taking greater than acceptable risks. Even worse is when the Issuer is actively touting its business operations on social media and/or in press releases without validating its claims in public filings. An Issuer that refuses to validate its claims in public filings is lying to the public an overwhelming majority of the time.

As I've been saying....

SEC registered stocks that have fallen behind with their SEC reporting obligations are not the only ones that should be using this latest round of suspensions as a warning. Traders should take notice as well.
Delinquent Filers run the risk of being suspended at any time without warning.

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!

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