ImjinBridger, your response sounds like CeoSteveReinharz.....
NO! There are certain words every single company on the OTC, and even higher markets use. They include but are not limited to, plans, expects, progress, prepares, and many more. Your examples are full of these words. Words that I could cherry pick from any PR from any Blue Chip company you could name. As far as periodic SEC filings, this is a Pink Sheets company. The requirements for filings are very lax in pink sheets. Apparently you didn't know that or don't know what that means. I suggest you look it up. Not sure why you would even post this. Either you have no idea what you own or you have some grudge against somebody.
Is this some nonsense that Ceo Steve Reinharz told you?
Try doing your homework on SEC trading suspensions on Pink Sheets instead of spewing the same kinda of nonsense Steve Reinharz wants the public to believe.
SEC Cleans up OTC Markets – SEC Trading Suspension of 71 Penny Stocks
On February 14, 2021, we published an article alerting the public about what we calculated to be the start of a new initiative by the Securities and Exchange Commission (“SEC”) to reign in the market manipulation of no information stocks through Social Media.
Since that article, the SEC has suspended 70 more stocks, in addition to the SpectraScience Inc (SCIE) suspension that kicked off the string of activity.
The 70 additional suspensions
February 16, 2021 – the SCIE suspension was followed by the suspension of All Grade Mining Inc (HYII). HYII was also heavily pumped on social media, absent any public disclosure to support the hype.
February 19, 2021 – the SEC suspended three more Issues that were being pumped on social media, absent any disclosures from the companies to support the hype, Sylios Corp (UNGS), Marathon Group Corp (PDPR), and Affinity Beverage Corp (ABVG).
February 23, 2021 – the SEC suspended trading in Bangi Inc (BNGI), another no information pink sheet company manipulated on social media.
February 24, 2021 – the SEC suspended trading in Renuen Corp (RNUE), another no information pink sheet company manipulated on social media.
February 26, 2021 – the SEC threw its biggest punch so far by suspending 15 no information pink sheet companies that have been heavily promoted on social media for weeks: Bebida Beverage Co. (BBDA), Blue Sphere Corporation (BLSP), Ehouse Global, Inc. (EHOS), Eventure Interactive, Inc. (EVTI), Eyes on the Go, Inc. (AXCG), Green Energy Enterprises, Inc. (GYOG), Helix Wind Corp. (HLXW), International Power Group Ltd. (IPWG), Marani Brands, Inc. (MRIB), MediaTechnics Corp. (MEDT), Net Talk.com, Inc. (NTLK), Patten Energy Solutions Group, Inc. (PTTN), PTA Holdings, Inc. (PTAH), Universal Apparel & Textile Company (DKGR), and Wisdom Homes of America, Inc. (WOFA). Most of these stocks were horrible scams when they were active, so it was just especially erroneous to see them getting used for stock manipulation again, many years later.
If the earlier suspensions didn’t get the attention of traders, there is no question that this one did, as many of them were still very active, so the action no doubt affected a lot of traders’ brokerage accounts. The SEC followed up the suspension order with a press release reminding traders that what was going on with these stocks is not legal and that investors were warned back on January 30th. The market immediately reacted with an obvious trend of money moving away from the no information stocks and the remaining no information stocks, seeing a steady decline in price.
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