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Re: janice shell post# 4438

Tuesday, 01/07/2014 11:56:23 AM

Tuesday, January 07, 2014 11:56:23 AM

Post# of 4485

If it's a Pink, though, there's no registration to revoke. So even if the company goes bankrupt and disappears completely, its ticker will trade on. If the stock eventually stops trading entirely, after a few years FINRA will declare it an "inactive issue" and delete the ticker.



I think this is the case with UWBKQ, yes? The FDIC is trustee in this case and I'm told (not confirmed) that the SEC is trustee as well, which seems very strange.

What seems odd is that the SEC comes in to "protect future investors" here, but not with a company's stock in Chpt. 7.

VC

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