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Re: ssc post# 336060

Monday, 03/09/2020 8:08:32 AM

Monday, March 09, 2020 8:08:32 AM

Post# of 362479

Just like the promised legal explanation for why erhe shareholders with 5% or more of erhe shares are exempt from SEC reporting requirements



You may want to educate yourself on this one. From what I can tell, this reporting requirement is only for securities trading on a national exchange, which the OTC is not, especially not the pinks.

Now, there is some grey area out there where companies are trying to act as though they are "listed" so it will be easier to get listed in the future, but this is not the case with erhe and it would definitely not pertain to individual investors.

I do realize that back in the pre-split days there was one investor who reported his large position. That may have been just in case it was required, or it may have been to increase demand for the stock as he was selling.... I think it was for the latter.