Saturday, May 01, 2021 2:20:28 PM
I am CERTAIN most traders are aware of the New SEC Rules concerning all stocks in the OTCBB. And that actions have been and are ongoing to remove companies failing to comply with SEC Regulations in regard to remaining Current in their SEC Filings.
What Some may or may not be aware of is the FACT there are very specific dates of implementation regarding each delinquent filing designation. Meaning such actions are to be taken AUTOMATICALLY without special exception provided to ANY specific company or Ticker.
THE FIRST AUTOMATIC ACTION WILL OCCUR ON MAY 25th, 2021. A copy of the letter sent to Account holders of TD Ameritrade is included here for your review.
NOTE: This Action does NOT effect UBQU as it is NOT currently listed as a Caveat Emptor Stock by OTCMarkets. The list of CE Stocks is however updated on a daily basis and ALL tickers displaying the RED STOP SIGN indicating Delinquent Filing Status are subject to inclusion without notice at any time. I have also been told by no less than three separate brokerages that such actions are in NO WAY DELAYED by ongoing closed door communications between the SEC and any company with a delinquent status. This in NO WAY means UBQU will be placed on the Restricted List, but also eliminates the opinion that any communication between the company and SEC would prevent any such action.
Now I want to make this very clear. The upcoming SEC actions should in NO WAY influence any PANIC BUYING or SELLING of UBQU. This post is INFORMATIONAL ONLY with the BEST FACTUAL DATA CURRENTLY AVAILABLE. The only traders that may need to take any immediate action are those currently holding positions in any Ticker displaying the "Skull and Crossbones" Caveat Emptor Symbol on OTCMARKETS.
Lastly, all traders must understand as stated before. The SEC is adhering to a very strict DATE SPECIFIC TIMETABLE. Once the appropriate actions have been taken concerning CE Tickers. The next Scheduled Actions will include any and ALL tickers displaying the RED STOP SIGN remaining in Non Compliance with the New SEC OTCBB Regulations. This means UBQU and all others in non compliance of those rules will be subject to Trade Suspension and/or Delisting according to the SEC Timetable that has now been made publicly available for all traders. I refer you to the SEC Site for further information.
PLEASE, in NO WAY interpret this posting as being Negative toward UBQU or any other Ticker. It is made for informational purposes only for any trader that may not be closely following ongoing actions as implemented by the SEC in late 2020. And serves only to demonstrate the SEC is taking the new regulations seriously and implementing those changes on a firm schedule and without exception. GLTA
Big Chips are for Blue Chips, Trips are for FLIPS
Recent UBQU News
- Ubiquitech Software Corporation Retains Vitello Capital Ltd. to Aid Strategic Planning and Assess Global Acquisition Opportunities • InvestorsHub NewsWire • 10/11/2023 12:09:01 PM
- Ubiquitech Reports Convertible Debt Forgiveness in Excess of $1,000,000 • InvestorsHub NewsWire • 06/22/2023 12:44:02 PM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM