News Focus
News Focus
Followers 24
Posts 715
Boards Moderated 0
Alias Born 06/30/2020

Re: creede post# 3441

Wednesday, 09/29/2021 10:10:52 AM

Wednesday, September 29, 2021 10:10:52 AM

Post# of 4909
Thanks. I gave you a follow as well. One video I saw from OTC markets stated that for stocks with the shell designation "the clock starts ticking on Sept 28". 18 months to find a merger deal/get pink current. The same video spoke about understanding how important reverse mergers were to companies and the markets. So....this is all very unclear. Do they plan on putting all future stocks that become shells in the pink limited market with an 18 month time frame? Or do they plan to axe the entire pink limited tier (or those limited stocks with shell desgination) in another 18 months? That would mean no more future shells for reverse mergers. I really wish they would have explained this better.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today