CaoPanShou De GouPi

[CaoPanShou]

There is a lot of crap being flung in the MSMY board about SEC suspensions. The resident karens on that board devote most of their lives to BSing about the company.
BS; june is the deadline or get suspended.
The deadline is September! Because of the backlog it was suggested companies should be "in process" by end of June to ensure they were current by September.

BS; The SEC is suspending companies every week.
No they are not, unless they have been investigated for illegal activity. The SEC did a blanket suspension in February as it does every few years and suspended a couple dozen tickers who they had been watching for years. A month later they suspended about 15 tickers for fraudulent claims, mostly CCP Virus related.

The new rules will make the annual blanket suspension unnecessary as tickers will get suspended within weeks or months of falling out of compliance now. The OTC will no longer be a graveyard of dead companies who could be used as vehicles for social media driven scams.