Bangi Inc (BNGI)

[4C]

They prevent people investing in scam tickers.

Once the entire market is purged of the detritus, the OTC will have a little more credibility, and overall be a safer place to actually invest.

BNGI had nothing whatsoever to offer during this recent action, it was easy to find out it was effectively dead, but people still jumped on in. So many new investors are unfamiliar how the P&D groups work, they do little real research and due diligence, they just follow the action and unwittingly put themselves in a losing position.

Come September / October P&D's will be considerably trickier - which in this case may have prevented people from jumping on the BNGI bandwagon in the first place.