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Re: Hou-trader post# 61293

Sunday, 02/28/2021 8:50:54 AM

Sunday, February 28, 2021 8:50:54 AM

Post# of 61601
18 months extension for shell companies btw. The Sec also is aware that investors have their money locked up in thousands of these otc companies. I think they realize they can cause more harm and more losses by implementing some of their new rules. Who are they then protecting? Are the new investors more important than longer term investors? Seems not so clear cut. JMO




"Ok Craig- It took about 20 minutes to read the 297 page document. I will try to improve my speed next time. There is an 18 allowance for shell companies. I believe that is what ICLD is at this time. I am sure the company will fill out whatever forms are necessary for the shell status. ICLD management has too much money tied up in this stock for it not to be traded. As I have stated for years the stock price has been supported. The breakout might be a surprise to you but for those who read my posts over the years, all here were completely aware that I expected a move up.

The companies that are granted the shell status btw, what do you think will happen to their share price?"


Go ICLD