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Re: Renee post# 157588

Tuesday, 09/03/2019 1:35:51 PM

Tuesday, September 03, 2019 1:35:51 PM

Post# of 221270
I called OTC Markets. They set this up about a month ago. They were getting requests from various broker/dealers with unsolicited orders for grey stocks and wanted to know what OTC Markets could do to help. What OTCM appears to have done is set up the “Expert Market” to allow OTCLink to be used by B/D’s to facilitate grey trading. Nothing is published publicly so as not to cross 15c-211, other than time and sales after the trade. But it does allow orders to be fulfilled using the OTC platform. No fees are required of the issuer and the MM pay the quoting fees to use OTCLink for the trades.

But OTCM has just handed the penny market a way around 15c-211 for suspended grey market crap to increase liquidity of the stock....and of course have done so in a way that can mislead novice investors to get into grey market crap.

"Harsh reality is always better than false hope"

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