InvestorsHub Logo
Followers 6446
Posts 163090
Boards Moderated 4
Alias Born 06/04/2009

Re: $hellKing post# 2816

Monday, 02/13/2012 7:29:53 AM

Monday, February 13, 2012 7:29:53 AM

Post# of 2842
Something to consider about ASYTQ >

It's a fact, that the company's 8-K stated, that the shares would NO longer trade on any exchange, or market after having been cancelled, and suspended from trading on the NASDAQ,

but, in fact, the shares were picked-up by the Market Makers and the shares traded on the Pink Sheets OTC market, right after the shares were said to be suspended and cancelled.

That tells me that the Market Makers saw the opportunity to maintain a market for the shares, as there were willing investors and traders interested in trading the shares.

I have to wonder, with sheer curiousity, if the Market Makers will again maintain a market for the shares by filling out the Form 211 that FINRA has told me, is all that is required to get the shares trading on the markets and exchanges once again, especially if there is any inkling of a "Reverse Merger" plan, or rumor about.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.