West Coast Ventures Group Corp fka WCVC

[PennyHoper]

Expert Market market-maker rules (thanks to a PM):
https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/

This blog was published March 25, 2021.

This blog post also discusses the Grey Market.

Who can access the Expert Market?

Quotations in Expert Market securities are restricted from public viewing. Only broker-dealers and professional or sophisticated investors are permitted to view quotations in Expert Market securities.

Despite the restrictions on who can view quotations, the Expert Market does not impose restrictions on who can trade securities. Rule 15c2-11 governs a broker’s ability to submit, publish or distribute quotations (i.e. bids and offers) in OTC securities. The Rule does not apply to the underlying transactions or the ability of an investor to buy or sell a security.

Contact your broker for information concerning restrictions or qualifications for accessing Expert Market securities.

How is Expert Market different from the Grey Market?

The Grey Market is an opaque market where broker-dealers are not willing or able to publicly quote OTC securities given the lack of investor interest, company information or regulatory compliance.

Unlike the Grey Market – where this is no public quote at all – the Expert Market provides additional price transparency, as it allows for unsolicited quoting.

This quite is a puzzler to me. Surely a revoked stock is on the Grey Market, where "no public quote at all" is allowed. Yet here we see a public quote of a bid.

The Expert Market allows "brokers" to publish and distribute bids and asks, but WCVC isn't on the Expert Market either, although the above information tells us that brokers (presumably broker-dealers, aka market makers) are allowed to publish bids, which is what see on Schwab.

This published bid for WCVC seems to be demonstrating a curious breaking of the rules, unless the rules are NOT being broken, in which case ... [you end this sentence yourself].