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Re: $b_rich$ post# 1340

Thursday, 09/02/2021 4:05:45 PM

Thursday, September 02, 2021 4:05:45 PM

Post# of 2992
Not to burst any bubbles here, but I'm not sure what will happen to this stock, come Sept 28th(soon).....
I received my warning message from Fidelity, about the many OTC stocks I have in my portfolio.....
After reading a pretty good lengthy article sited below, this stock may be one of the 2800 stocks, that the SEC is planning on acting upon.....
It is one of those "dormant" type shells, mentioned in the article.
What's crappy is, there's so much contradicting info being looked at currently, that it leaves me wondering whether this will cease trading as of the 28th.....I guess you have to read the article, which left me in doubt about a number of things.....I wish there was a cut and dry answer for it all, but there isn't really.
And of course, Fidelity will simply "act" as the SEC dictates in this scenario.....
It would be nice to find a "list" of the 2800 tickers, the SEC has targeted.
Anybody have any conclusive view ???

https://www.securitieslawyer101.com/2021/what-you-need-to-know-as-the-september-28-amended-rule-15c2-11-date-approaches/