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Re: sudhakar post# 76376

Friday, 05/14/2021 6:17:01 PM

Friday, May 14, 2021 6:17:01 PM

Post# of 76394
Sudhakar: AMNE was previously suspended by the SEC so the company will never be able to satisfy the necessary disclosures to be compliant to Rule 15c2-11.

By Sept. 2021 the Amended Rule 15c2-11 becomes effective and AMNE will lose all Market Maker representations, including NO quotations.

Be advised, though, that Brokers (which may eventually include RBC) can elect to place all previously suspended stocks (Caveat Emptor on OTC Markets) on liquidating sell orders only, with no buy orders allowed. Brokers can choose to do that at any time they want to effect liquidating orders only....ie., Brokers do not have to wait until the Amended Rule 15c2-11 (ie FULL disclosures) comes into effect in Sept.

To bite the worm of incite is to bite the HOOK of the antagonist . They win .