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Saturday, 05/04/2024 12:26:52 PM

Saturday, May 04, 2024 12:26:52 PM

Post# of 90727
Brett Rosen is twitter lying again...

EM means that a company has NOT been current in their reporting requirements for 12+ months and once they post all their missing filings and have them approved by OTC Markets, then it all goes away and back to Pink Current. This means that once the new company comes in and merges in their books, this whole “problem” as it’s being called goes away real quick!



First off, OTCMarkets in no way "approves" filings. They only require a certain form, and basic information. They in no way do any sort of audit of disclosure statements. And the missing "filings" need to be of OPTI, not some other company.

And as for Expert Market... Once on Expert Market the problem is not the very late filings, it's that the late filings cause OPTI to lose the sponsoring Market Maker (PQE Status, Proprietary Quote Eligibility). To regain PQE, OPTI will need to find a wiling MM to sponsor OPTI and complete form 211 with Finra. The REAL problem now with this is that a MM is unlikely to do that because of the many years of fraud. Finra will be very unlikely to approve any MM's request because of the many questions of fraud and complaints to the SEC, with that an MM is very unlikely to even try.

And now the other Elephant in the room.... What legit "company" would ever get involved with this massive FUBAR of a scam???

https://www.finra.org/sites/default/files/p126234.pdf


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Pump and Dump



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I expose stock scams to gain knowledge about investigating the stock market players and for the entertainment it invariably generates. I've received NO compensation in any form for such, except for a few thank yous...