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Re: daman45 post# 3202

Wednesday, 09/22/2021 8:42:12 AM

Wednesday, September 22, 2021 8:42:12 AM

Post# of 4763
This is the main reason I am optimistic. This 4 minute video definitely worth a listen.

Can You Expand On The New Process For Filing A 2-11 Vs. The Current Process?


The OTC is now in charge of determining who is eligible for quotes.

That is HUGE.

Previously it was a long a tedious process that went through FINRA.

Now the OTCM can expedite applications and there will not be a scaling in of the market makers upon approval (typically there is a 30 day period where only 1 or 2 market makers are present).

That means one day a company could be grey or expert and then the next day they could have L2 with a long list of market makers making trades.

HUGE

The inmates are now running the asylum.

GodBless-NoDoubt
creede

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