Encompass Holdings (ECMH)

[DaFoe12]

I’ve looked a lot into this situation and it appears that the SEC did a great move. This company and hundreds or even thousands just like have been moved to what’s now known as “Expert Market.” It’s essentially a new exchange but only certain brokers/trading houses are allowed to trade. No individuals will be allowed to trade these companies.

So all these similar companies that are extremely delinquent and/or filed a form 15 to skirt reporting requirement are now f*cked! No one can trade, so you can’t sell your shares to anyone. Enjoy bankruptcy!!