Pedevco Corp. (PED)

[Flatsixer]

tdjohn...Not as far as I know. Anytime, perhaps. A stock that I know to be virtually insolvent was suddenly dropped from their buy trade restriction last week with no notice or reason given.

Prophylactic trade restrictions are getting more and more common with the pennies. The really odd thing to me is that they won't even tell the company attorney why it was done in the first place.

I think that all the brokerages have been seriously burned by ID theft scams and various manipulations over the past few years. Their computers flag based on certain models and they blindly follow it just to be safe.

It is punitive and casts a shadow on the stock. They should be required to disclose the reason after investigation. John O'Keefe says that BESV has sent a lot of documentation about the company through proper channels to no avail.

Blueprint for a class action suit if you ask me.

Flatsixer