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Alias Born | 02/05/2014 |
Sunday, October 31, 2021 6:38:23 AM
There is really no play here for shareholders but to submit a sell order for some amount equal to, or greater than, $0.0001 and let it ride.
Unless someone badly needs a tax deduction against gains elsewhere for their 2021 taxes, there is zero positive advantage to declaring any shares of RMTD held as worthless to take the 100% deduction as long as the ticker is still publicly tradeable.
By now, the SEC is probably quite aware of the financial wasteland they have created for many traders with their heavyhanded decision. It is likely that they will hold off on delisting any tickers (and get FINRA to do the same) for a while in order to maximize the chances for former OTC Pink corporations to regain their status as OTC Pink/Current.
Even if it was something that my broker would allow, and they will not, I will not attempt to sell my shares of any security newly transferred to the Expert Market, including RMTD, for a share price lower than what retail traders can normally buy and sell. Those with access to six digits after the decimal in the Expert Market will not acquire my shares at those lower prices under any circumstances. So, unless your goal is just to continue to make fellow traders feel worse about their probable losses, you should consider finding some other way to spend your valuable time.
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