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Re: Aquahoya post# 33183

Sunday, 08/13/2023 4:02:52 PM

Sunday, August 13, 2023 4:02:52 PM

Post# of 35140
Wrong..I posted what FINRA says with links. I'm the first to admit what they say seems contradictory. In one place it says "FINRA does not approve corporate actions" because the burden is on the corporation to make sure what they do is legit. Yet elsewhere if says this--

Q603.1: To what types of transfers does this trade reporting exception apply?

A603.1: Members are not required to report to FINRA for purposes of publication transfers of proprietary positions where the transfer (1) is effected in connection with a merger or direct or indirect acquisition and (2) is not in furtherance of a trading or investment strategy. While such transfers are not reportable for publication purposes, members nonetheless must report them to FINRA for regulatory purposes and for purposes of assessing applicable regulatory transaction fees and/or trading activity fees. See Rules..... https://www.finra.org/filing-reporting/market-transparency-reporting/trade-reporting-faq

That's why I reached out to a trusted expert on the matter. I posted what I was told to wit:

The merger isn't finalized until FINRA approves it

Feel free to scroll thru my posts and show where I "changed my mind" to fit an agenda. Also feel free to prove where any critic or "naysayer" was responsible or the collapse of this merger.

Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.

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