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Re: I-Glow post# 68232

Saturday, 11/18/2023 2:59:27 PM

Saturday, November 18, 2023 2:59:27 PM

Post# of 76699
Yes, nasdaq is a 2 sided coin. On one side it brings institutional investors aboard as most institutional funds will not touch otc market companies. On the other side nasdaq requires annual audited filings which brings accountability into the equation...so the shareholders think. Of all the shananagins that nasdaq companies have pulled over the decades, how many were sued class action successfully. Nasdaq delists as per requirements. The sec fines...because it's money going into the govt budgets without the courts for their attorney to use to get them off the hook. The sec don't play that game. They don't play nice if a company doesn't want to pay fines either. The investor risk disclosure covers just about every excuse a company can use in court as to why they promised everything and delivered nothing. As long as they pay their sec fines, penny stock ceo's can let their companies fold and retire millionaires. Here's a thought...people should learn to daytrade MULN better and hold MULN/penny stocks less. It's just a suggestion, but if you don't like it here is a suggestion box.
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