And there you have it! So far out of the 2643 OTC no info tickers, 2564 still have not up-listed under 15c211.
And it only takes 3 days to review and post data then changed to Current and they had plenty of time but looks like most are not paying the ransom and will be moved to EM.
That is because (I give it a week after the Sept deadline) that the 2300+ that will be moving to EM tier know that the markets will soon open up to retail.
TD even said that they would lose close to $35,000,000 per quarter if they can't sell pump and dump stocks and if most of them drop to EM they will start making a market for them just like they do now on OTC stop sign tier.
The OTC tried to squeeze 2600 companies to pay $6000 each and what it looks like is only 130 may have paid the ransom.
15c211 has ZERO to do with investor protections, It was a means to have the OTC bill $16,000,000 more per year.
That did not work and the proof is most OTC no info tickers are not paying the fees. There is NO way in hell the huge pump and dump market will walk away from $300,000,000 PER DAY spent on debt diluted stocks on the OTC and if EM made this impossible, the would all have filed and be OTC current.
Not opinion, It's just the truth.
