1st NRG Corp (FNRC)

[Renee]

Hello, world......I am the ihub alias who was asked by pinkslipjunkie to address the question about .000001 trades.

Here is my answer:

Retail cannot sell or buy below .0001 because online market orders are forbidden on the OTC, meaning a seller or buyer cannot place any online order below .0001....emphasis that is for online sell or buy orders. However, a retail seller can phone their Broker to liquidate their position (some or all) at market and the Broker can then sell at .000001.

When a buyer places an online order for .0001 the Broker/Market Maker that sold a customer's shares for .000001 can then sell those shares to the buyer at .000001 to .000015, and sometimes at .0001 if there are a lot of buy orders.

A broker can also sell and simultaneously buy the customer's shares at .000001 and charge the customer a fee for doing so. Whether or not the Broker keeps or sells the .000001 shares is up to the Broker.

That is to my understanding.