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Re: None

Tuesday, 01/21/2020 10:10:17 AM

Tuesday, January 21, 2020 10:10:17 AM

Post# of 14495
Read this if you're concerned about the Form 15. I'm going through Lazar tickers and seeing that all (or nearly all of them--haven't looked up each and every one) had a form 15, but then he continued making quarterly reports etc. through OTC Markets in all cases I've looked up. And I the worst I'm seeing is +100% gain after that filing. So the tickers for which Lazar doesn't do his own Form 15 already had one on the books prior to his custodianship. The first few I looked up...

TRDX - form 15 already on the books long before Lazar custodianship - ran +20,000% with similar OS as QUTR. Look for yourself here (you have to click on the 'more' at the bottom of Disclosures a couple times to find it). There was a form 15 for TRDX filed in 2006, still in effect when Lazar took custodianship. This is easy to miss if you're trying to find the form on Google because the company had a different name at the time. https://www.otcmarkets.com/stock/TRDX/disclosure

CERPQ - up 100%+ in weeks after filing form 15, continued filing through OTC Markets.

INNX - got a big bounce on the form 15, up 100%+, and this preceded a flurry of OTC Markets disclosures a month later.

USRI - form 15 already on the books prior to Lazar custodianship. Ran 300% or so.

So this filing is business as usual--if you have any concerns, research Lazar tickers on OTC Markets, and try to find one without a Form 15--either Lazar filed them or they were already on the books in every case I can find, so this is just his procedure. It makes sense since SEC compliance is expensive and unnecessary--the incoming merger companies can eventually start becoming SEC compliant, but it's not necessary for Lazar. Also noteworthy, the big Lazar runners started with the lowest PPS. QUTR is the early-stage Lazar ticker with the lowest PPS of all.