Monday, May 17, 2021 12:42:21 PM
Nothing new here > OTC Grey Market + Caveat Emptor label. The only practical change lately is that some brokers don't allow trading in these stocks anymore (or restrict it to only selling). For example, TradeStation.com still allows trading in these stocks.
Reminder, all due to non-reporting > no financial reports filed in almost two decades.
Also, after the CLTY's recapitalization in 2005 CEO P. Carr (age 69) became the biggest stakeholder in the company. This of course could explain the lack of reporting.
But, ... adding, there could be more to it than meets the eye.
What I mean is this: how exactly do they successfully pitch these high-profile Slingshot customers, including government agencies ?
Question: is it pure product / sales excellence? Or maybe ... could there be somekind of strategic partnership in the background? An entity who doesn't want to reveal itself. And there are more indications to be found, if you look closely! However, it remains a hypothesis until confirmed or denied.
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