Advent Technologies Holdings Inc (ADN)

[Rotary Guy]

This is to replace post #152 as it was confusing and incorrect.

Revised Post:
I called AMCI and got the following update.

AMCI will no longer trade on the OTC BB Pink Sheets. Instead, they will begin trading on the Pink OTC Markets, Inc pink sheets, the new pink sheet platform. They had to wait for this SEC removal from the FINRA owned platform before they could change to the new trading platform. That's what the “Respondent's Offer of Settlement” was all about.

They now only need to file an annual 10K (Qs are optional), which they will do as soon as they line up a new market maker. As I understand it, it's like re-listing and this will revalue the trading price to its reported financial equivalence.

They are planning to have this done by month end and then they can issue a press release (along with the current financials). All outstanding shares will continue to be valid and the trading symbol will not change.

This is all new to me. I didn't even know there was a different trading platform. But it does sound very positive. I guess we will just have to wait and see what happens next.

See this article for a clearer picture of these different trading platforms.
OTC BB and Pink OTC Markets, Inc

Rotary Guy