Sunday, May 24, 2020 3:36:27 PM
And that's as far as they can go. Besides management fleeing, leaving behind a Zombie stock, it also leaves behind a rather filthy shell. That no one can use.
In the case of MNZO again it was never registered. As long as a blip of volume occurs, it will exist as a Zombie stock. When there is no trading for a few yrs, then FINRA, keeper of the OTC stock symbols, will take out the ticker symbol.
If the broker wanted to bee a "full service" Broker for ya (LOL ), they would agree to your request, that they buy all of your shares for $1. Minus whatever transaction fee they want to charge. In return you finally get to claim a tax loss.
Go to the
DD forum
and ask how a Broker can refuse to remove a stock which has been revoked or delisted? If they agree it should be, then the next step is demand they do so. Else FINRA will be contacted. Also the keeper of the brokers.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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