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Re: johnydollar post# 252370

Thursday, 06/09/2022 7:27:00 PM

Thursday, June 09, 2022 7:27:00 PM

Post# of 349499
Right. Frankly, DBMM and every other 4 character domestic otc ticker were not the targets for the September 2021 OTC Markets rules changes - they were just collateral damage. Just look at the daily list of symbols with tier changes - well over 95% day to day are foreign companies -- symbols ----F. Clearly the new rules were targeted primarily at foreign issuers trading on US markets who had simply seen no reason to comply with US reporting requirements. This included but was not limited to a very large number of Chinese corporations listed on the otc that had made no effort whatsoever towards transparency and compliance with US regs.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!