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Wednesday, May 22, 2024 6:42:52 PM
So Sharp will have to file another Form 10 - since Sharp hasn't filed a 15c on the 3 hijacked shells - Brenda calls it a 211 - which is 15c2-11. So what do your believe is what the great advantage of going to the Expert Market?
Currently there are 3,336 securities on the Expert Market, the vast majority related to their failure to meet the requirements of Rule 15c2-11. Of this large group 2,495 are domestic and 841 are international. A large tranche of the domestic issuers have gone dark, are defunct or represent orphaned securities. 689 of the domestic securities are SEC registrants out of compliance with their reporting obligations.
Companies on the Expert Market provide the lowest level of disclosure compared to other OTC Market tiers. As a result, trading is limited to only eligible investors who meet the “qualified expert” criteria and not for retail investors.
Can you sell on expert market?
Quotes of securities in the Expert Market are “Unsolicited Only,” which means that trades of securities subject to unsolicited quotation in the Expert Market are only available to broker-dealers, institutions and other sophisticated investors, and not average investors.
IG
The First Casualty of Emotion is Reason.
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