Ilustrato Pictures International Inc (ILUS): There is no law or regulation that says...

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Re: cuggegrosse post# 27090

Wednesday, 09/14/2022 7:20:34 PM

Wednesday, September 14, 2022 7:20:34 PM

There is no law or regulation that says that an institution can't buy an OTC stock.

That said, many institutions have internal bylaws that restrict the range of stocks they can buy. Some of those bylaws may be of the form "must be on Nasdaq or NYSE", but more likely they would be things like must have audited financials, must have a certain market cap, must have a given level of daily dollar volume, etc.

Institutions CAN buy otc stocks, but few otc stocks meet the criteria applied by most institutions to everything in their portfolio.

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!

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Recent ILUS News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/07/2024 08:50:58 PM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • InvestorsHub NewsWire • 05/31/2024 04:52:19 PM
ILUS Provides a First Quarter Filing Update • InvestorsHub NewsWire • 05/16/2024 03:26:47 PM
ILUS Files Form 10-K and Provides Shareholder Update • InvestorsHub NewsWire • 05/02/2024 12:52:26 PM
ILUS Provides Form 10-K Filing Update • InvestorsHub NewsWire • 04/17/2024 01:54:01 PM
ILUS Moves Forward With Its Two Subsidiary Uplists and Equity Dividend • InvestorsHub NewsWire • 04/10/2024 01:36:45 PM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 03/04/2024 01:51:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 04:22:28 PM
Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 02/20/2024 04:36:50 PM
ILUS Signs Letter of Intent to Acquire a British Manufacturer of Autonomous Vehicles While Completing its Next Phase of Restructuring for Anticipated Growth • InvestorsHub NewsWire • 02/20/2024 04:27:45 PM
ILUS Acquires the Majority Stake of Samsara Luggage, Inc. • InvestorsHub NewsWire • 01/10/2024 02:53:45 PM
Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 01/09/2024 05:06:17 PM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 01/09/2024 05:04:58 PM
ILUS Completes Acquisition and Provides Dividend, Merger and Subsidiary Update • InvestorsHub NewsWire • 12/29/2023 01:30:00 PM
Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 12/13/2023 04:33:57 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/24/2023 01:32:35 PM
ILUS Provides Shareholder Update • InvestorsHub NewsWire • 10/20/2023 04:37:25 PM
ILUS Finalizes Acquisition and Provides Shareholder Update • InvestorsHub NewsWire • 10/06/2023 02:52:50 PM
Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 09/13/2023 03:36:00 PM
Form 10-12G/A - Registration of securities [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 09/12/2023 07:16:32 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/25/2023 09:06:54 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 09:25:35 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 03:03:59 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/04/2023 08:08:54 PM

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