Saturday, May 20, 2023 10:06:18 AM
4/13 "there have been no MM's in this stock since 30 days after they went public"
5/5 "First off there are no Market Makers for this stock. The original MM when the stock went public, which under the rules of that time, were the ONLY people ho could make a market in the stock for 30 days, as reward for filing the 15c2-11. Since then, nearly 19 years there has been NONE."
Anyone who would spout this BS is either purposely trying to deceive or they do not understand how the OTC Markets work.
The initial Market Maker sponsoring a new stock on the OTC Markets has to file a form with the OTC. The original MM gets a 30 day exclusive for the new stock. After that 30 days any of the other 90 Market Makers on the OTC can trade the new stock with no new filings.
Not hard to understand if one reads the OTC rules.
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