Monday, February 08, 2021 8:43:28 PM
NOT A CHANCE! KGET trades via the Grey Sheets and quotes, BID or ASK, are precluded for stocks trading on the Grey Sheets. Want proof? Check your trading platform. Per OTC Markets....
KGET does NOT conform to SEC Rule 15c2-11, because it chose to de-register with the SEC on December 6, 2016.
https://www.otcmarkets.com/filing/html?id=11722076&guid=9pfKUaJ6H_vF_yh
OTC traded companies that have been subject to an SEC Trading Suspension can only be returned to the Pink Sheets or previous OTC trading platform by two methods. The first option is to appeal the SEC Trading Suspension to an SEC Administrative Law Judge, however, KGET missed this opportunity by not filing a timely appeal in 2020. The only other option is for an MM to risk sponsoring a company by filing a Form 211 with FINRA and FINRA can then accept or reject the application.
THERE IS NO POSSIBILITY A MARKET MAKER WOULD RISK LOSING HIS/HER SECURITIES LICENSE BY SPONSORING A POS LIKE KGET VIA A FORM 211!
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