South Beach Spirits Inc (SBES)

[jufel]

What happens to the security of a shell company after 18 months?

Broker-dealers will no longer be able to publish proprietary quotes. The security may, however, be the subject of unsolicited customer quotations. A notification will appear on otcmarkets.com advising investors that only unsolicited quotes are permitted in this stock. Any company that continues to make information available pursuant to Rule 15c2-11 will remain on the Pink Market. Companies that cease to make information available pursuant to the Rule will be moved to the Expert Market. Any company that was a shell on September 28, 2021 and is still a shell will become ineligible for broker-dealer proprietary quotes on March 28, 2023.
can a shell company become eligible for proprietary quotes again?

After the 18-month period expires, the company will be ineligible for broker-dealer proprietary quotes unless it becomes an operating company and a broker-dealer complies with the information review requirement and files a Form 211 with FINRA.