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Re: JP313 post# 123502

Thursday, 04/08/2021 5:39:24 PM

Thursday, April 08, 2021 5:39:24 PM

Post# of 123644
MRIB is suspended, now trading gray. Even when a company is no longer in business, there may still be active trading in its stock.

There are two types of SEC Suspensions, one for SEC Registered Issuers/Filers that are delinquent in filing Financials.

The second type of SEC Suspension involves questions about adequacy and/or accuracy of company information, including news releases, share issuances, stock promotions, unverified social media claims (eg., Twitter, Facebook, etc) about a stock, and whatever else the SEC may allege. This group comprises stocks that are not registered with the SEC (Like MRIB) and occasionally SEC Registered stocks. Both categories of stocks will remain on the Grey Market (Expert Market) until either the SEC Admin Law Judge revokes the registrations of SEC Registered stocks or until FINRA deletes the ticker symbols of OTC stocks that are not registered with the SEC. The SEC may also file charges of FRAUD.