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| Alias Born | 03/07/2014 |
Thursday, June 30, 2022 11:12:30 AM
QNTA_a_CON: BEING_UNLOADED_AT .0002 Now_AS_NO BID/ASK_EXISTS !!
Once a ticker moves to EXPERT MARKET on the OTC per the new SEC RULES enacted end of 2021 aka the "Exchange Act Rule 15c2-11" - QNTA has essentially ceased to trade this AM and ALL major brokers move it to "LIQUIDATE ONLY STATUS" (NO buying allowed) status which means almost "NO MARKET" aka inside Bid/Ask exists any longer for the shares !!
Nearly every N. American broker will post to people's account "LIQUIDATE ONLY AND NO BUYING OF QNTA" blah blah now due to the taint of "EXPERT MARKET" and new SEC REGS of end of 2020 that banned CAVEAT and GRAY tickers from "211 MM sponsorship and piggyback rules" etc.
That means a "SELL AT MARKET" is all the broker will accept - and that's into a NON EXISTENT BID and thus the price goes to .000X or whatever one can get !!
Thus - IF one even "tries to sell" as is now seen "on the prints" this AM, they must TAKE WHATEVER ANY BUYER (usually in Canada or outside the USA as N. American brokers E-Trade, TD, you name it DO NOT allow "Expert market" trader per new SEC regs) one must take whatever another cross-engine "buyer" will offer as a "Bid" in this case .0002 and that's only for a pittance number of shares -
It's essentially a NO MARKET ticker now aka DEAD TICKER = this is a DIRE and grave situation and heading to BK (they had PAST TENSE $7K total cash left to their scam name end of last Qtr and went SILENT) and next will likely be getting slapped with a CAVEAT EMPTOR SKULL & BONES WARNING when it will cease to trade all together for all intents and purposes !!
https://www.otcmarkets.com/stock/QNTA/overview
DOUBLE BLACK DIAMOND "EXPERT MARKET" = ill-liquid trash now thus .0002 printing as an actual "dump of shares" to any "buyer" who'd take um on a cross-engine match n buy !!
ROSEN LAW is thee NUMBER ONE LAW FIRM WHO WILL TAKE OTC TICKER CASES - one can fill out a "complaint form" to open a "attempt at a class action" right on their website -
https://rosenlegal.com/#contact
Once a ticker moves to EXPERT MARKET on the OTC per the new SEC RULES enacted end of 2021 aka the "Exchange Act Rule 15c2-11" - QNTA has essentially ceased to trade this AM and ALL major brokers move it to "LIQUIDATE ONLY STATUS" (NO buying allowed) status which means almost "NO MARKET" aka inside Bid/Ask exists any longer for the shares !!
Nearly every N. American broker will post to people's account "LIQUIDATE ONLY AND NO BUYING OF QNTA" blah blah now due to the taint of "EXPERT MARKET" and new SEC REGS of end of 2020 that banned CAVEAT and GRAY tickers from "211 MM sponsorship and piggyback rules" etc.
That means a "SELL AT MARKET" is all the broker will accept - and that's into a NON EXISTENT BID and thus the price goes to .000X or whatever one can get !!
Thus - IF one even "tries to sell" as is now seen "on the prints" this AM, they must TAKE WHATEVER ANY BUYER (usually in Canada or outside the USA as N. American brokers E-Trade, TD, you name it DO NOT allow "Expert market" trader per new SEC regs) one must take whatever another cross-engine "buyer" will offer as a "Bid" in this case .0002 and that's only for a pittance number of shares -
It's essentially a NO MARKET ticker now aka DEAD TICKER = this is a DIRE and grave situation and heading to BK (they had PAST TENSE $7K total cash left to their scam name end of last Qtr and went SILENT) and next will likely be getting slapped with a CAVEAT EMPTOR SKULL & BONES WARNING when it will cease to trade all together for all intents and purposes !!
https://www.otcmarkets.com/stock/QNTA/overview
DOUBLE BLACK DIAMOND "EXPERT MARKET" = ill-liquid trash now thus .0002 printing as an actual "dump of shares" to any "buyer" who'd take um on a cross-engine match n buy !!
ROSEN LAW is thee NUMBER ONE LAW FIRM WHO WILL TAKE OTC TICKER CASES - one can fill out a "complaint form" to open a "attempt at a class action" right on their website -
https://rosenlegal.com/#contact
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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