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Wednesday, May 22, 2024 6:26:24 PM
You seem to believe that there is some valor about being on the Expert Market. When in fact it is a badge of shame.
And your argument about the Expert Market is juvenile at best.
"An Alt Reporting Company can drop to Expert Market and tier change to Pink Current and repeat the cycle indefinitely. It's a timely process, but it definitely affects the price."
Sorry I am not impressed with being pink current - if a company doesn't report to the SEC it is a guaranteed scam.
Show me a company that continously goes between EM and a Pinky.
Going between EM and Pinky you will have a company in trips.
I know exactly why the Expert Market was created - because the OTCM is a public for profit PR company and when the SEC changed the rules for 15c2-11 - initially about 3000 OTC companies would have been removed so the OTCM petitioned the SEC to create the Expert Market so the OTCM could still collect the fees.
I know much more about securities law than you do and the scenario you suggested is complete nonsense.
Why would Sharp file a Form 15 to deregister the stock - then through his incompetence allowed WNFT to go to the Expert Market - he is creating expenses not saving money.
I believe you are they only person trying to spin going to the Expert Market is a good idea.
IG
The First Casualty of Emotion is Reason.
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