Tuesday, April 13, 2021 9:34:58 PM
The SEC is starting to make an attempt to clean up the OTC Market because for decades, dead shell companies and inactive tickers that haven't posted earnings in 20 years were used as Pump and Dumps.
The whole Reddit buzz put the spotlight on Social Media market manipulation and a lot of that has spilled over to Penny Stock, because Millions of shares can be purchased for little money.
I once owned Millions of shares in a Comic company that I got for .0001 per share, then they suspended trading and I lost my money. That was 3 years ago , the SEC didn't care that the company kept Investors $$ and simply continued to operate with a suspended stock symbol.
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