Gifa Inc (GIFX)

[Dragon Lady]

SCHWAB_BANNING_CAVEAT_EMPTOR_TRASH: LIQUIDATE_ONLY :)

WARNING: SELL AND LIQUIDATE GIFX NOW EVEN FOR A PENNY OR LESS while one can still dump this trash for a tax write off !! ONCE FROZEN - it can never be sold and not even used to harvest a capital loss :)

That pretty much makes it EVERY MAJOR BROKERAGE in N. America who will no longer allow BUYING OF THIS TRASH any longer = it will become more ill-liquid than baked dirt :)

It's OVER FOLKS - this is perpetual CAVEAT EMPTOR until SEC suspension for being a shell scam now !

GIFA-CON made the honor roll again LOL :)

From Schwab:

What’s happening.

By May 25, 2021, we will restrict orders for Caveat Emptor securities to liquidation-only. After this time, we will only accept orders to close existing positions and we will cancel any existing orders to open new positions.

Why is this change occurring?

Caveat Emptor securities come with very high potential risk for investors. They can be volatile and illiquid (not easily converted to cash), and they can place a significant burden on investors in terms of investment research and due diligence. The OTC Markets Group will designate a security as Caveat Emptor if they become aware of one or more of the following risk factors:
• Misleading or manipulative stock promotion
• Fraud investigation or criminal activity related to the company or to insiders
• Regulatory trading suspensions or halts
• Disruptive or undisclosed corporate actions
• Other reasons related to the public interest

STICK A FORK IN THIS BIRD - it's baked well done and ready for the ash heap of history :)