InvestorsHub Logo
Followers 86
Posts 7947
Boards Moderated 4
Alias Born 01/24/2007

Re: otc37 post# 85926

Sunday, 10/15/2023 1:55:42 PM

Sunday, October 15, 2023 1:55:42 PM

Post# of 89851
No, because that's not OTCM's rules.

Don't you find it curious that despite being 3 quarters delinquent.... this stock is still tradeable and not on the Expert markets....?

I've posted a direct link to OTCM's rules and when / how they move OTCs from "limited info" to "expert market". If you're not aware, let me know and I'll post it again.

we should be seeing 10-20 million shares at these levels...

Why? Nobody cares, as evidenced by board activity. I routinely read thru other stock-boards, discord & telegram trading rooms where subpenny trash is routinely pumped - nobody cares about $VXIT.

Before the rule change in 2020, companies would file a 12-15g to hide financials and revenue while still remaining tradeable. Companies used this as a tactic to buy back shares at low levels.

Here's an idea: if this "company" wants to buy back shares at low levels... isn't this low enough? JK Form-4'd a measly $10K lol! We know he awarded himself free shares in the past, but he sure doesn't put any of his own money at risk here.

Why not?