Wednesday, June 02, 2021 12:15:37 AM
That is where I have a lot of questions.
If all the non-current tickers are placed on an Expert Market in September and are not revoked, my guess is that some penny stock investors will just shift to the Expert Market and make bets there, minus market makers (not sure about this last point?)
However, even if all delinquent or dark companies are ultimately revoked, I'm not convinced that stocks that have a 15-12G will be blanket revoked. I can think of several examples of tickers or shell companies that have been awarded to plaintiffs by court order due to fraud, or have other legitimate reasons to file 15-12Gs. Based on what I understand, these and other non-filers such as AHFD would simply go to an expert or gray market where they could still be bought and sold by retail investors.
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