S A M Trade Asia Pte. Ltd. (SMFX)

[chemist72]

Not sure how the OTC status of SMFX will evolve.

It might revert to shell status if, for example, Sam renounces ownership of SMFX and cancels the 90M shares he gave himself.

If not, if someone really wants this shell, it would likely end up in court in Nevada. Sam may or may not give up ownership without a fight. That's anyone's guess.

Also there is a potential issue with their next quarterly report which is due in mid-Jan, around 1-week from now. If this report is not filed on time, SMFX could be first downgraded from Pink Current to Pink Limited. Further down the road, if the lack of current information continues, OTC will likely downgrade SMFX further, to either Caveat Emptor (CE) or to the Expert Market.