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Re: Pete20141 post# 32160

Tuesday, 12/22/2020 12:27:03 PM

Tuesday, December 22, 2020 12:27:03 PM

Post# of 34212
The problem is, and I posted my position on this a few days ago, they provide no hard data or reasoning for the CE. The CE notice simply gives a list of "possibilities," one of which is listed for ARCS:

Warning! This company may not be making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.



So IF non-public information was being used to buy and sell (the legal/illegal tweet), that would be cause for the CE.

https://www.otcmarkets.com/stock/ARCS/overview

You can read my analysis here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160327796