Monday, February 26, 2024 9:14:17 AM
“Companies that may not be able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets”
So obviously there is a problem with this shell and the Co can not satisfy the requirement to get out of EM. They need to provide whatever the otc needs but they can’t so this remains in the EM
Market.
Also they needed money to get out of this mess so they diluted right before the downgrade. It all makes sense.
JMHO
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