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Wednesday, May 19, 2021 5:00:41 PM
Wei better get his shit together and quick because time is running out
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.
Here’s how to get more information about these changes and how they might affect you:
Understand the SEC amendments for OTC securities
Learn more about quotations for OTC securities
Companies will need to provide the required disclosure to OTC Markets by June 30th. This will ensure that our Issuer Compliance Team has sufficient time to review and update market status for a company’s securities prior to the rule’s compliance date on September 28th.
Securities that fail to comply will be removed from Pink as of the September deadline.
https://www.otcmarkets.com/corporate-services/information-for-pink-companies
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