Primior Holdings Inc (PTKN)

[tdbowieknife]

Not the first time FINRA didn't follow their own rules and let a serial scam change the name and ticker. That's why I never said they never would allow it and instead always said if they did it would take many months. This time over six months. The history is still here and there are still many unresolved disclosure issues. FINRA processing of corporate actions does not mean they "approved" or "clean" in anyway. It simply means they processed the corporate actions.

FINRA processes, rather than approves or disapproves, corporate actions (e.g., mergers, stock splits, name changes) for OTC securities. Its role is to ensure proper notification and protect investors, not to validate the business merits or legality of the actions.

Be Wary of Announcements Regarding FINRA "Approval" of a Corporate Action

Companies undergoing a corporate action often issue a press release or other communication, such as a tweet or other social media post, to provide details of the change. For instance, a company might announce a new corporate name that reflects a change in product lines or business focus. However, in the past, some companies have used these publications to suggest that FINRA has somehow "approved" a corporate action or that a corporate action will be effective once FINRA approves it. To clarify, this is not the case: FINRA does not approve corporate actions.

https://www.finra.org/investors/insights/corporate-actions-public-companies-what-you-should-know
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Buyer Beware
Social Media Promoted Frontload Pump and Dump Share Selling Scam



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