Wednesday, March 03, 2021 1:09:34 PM
not sure how all this works but I did observe last year that COHO which was a reporting pink (current) company and listed as a shell on the OTC Markets site --- submitted docs to SEC/FINRA/OTC (not sure which) in order to have the shell designation removed. They (whoever SEC/FINRA/OTC) then reviewed the filings and REVOKED their registration and ticker disappeared.
HERE IS THE RULING
Fortunately I think all my shares were bot at .0002 and I'm not out all that much -- but it gobsmacked me to see what looked like a clean operation get wiped out.
It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.
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