The investigation here will be short and sweet. Basically an open shut case. CANN is less than a seven month old company. The violating shareholder from the previous merged company in question has already been identified. And the company's expectation of FINRA approving CANN resuming trading back on the OTCQB in 4-8 weeks legitimate.
On otcmarkets I found 14 stocks that were uplisted from gray sheets to pink last Friday and 9 more on Thursday. The list only goes back 30 days and I could find none of them having any activity listed despite being moved up to the pink/current info tier. Maybe this service prefers to not deal with grays. Does anyone know if the bigger brokerage houses generally quote or accept trades with gray sheet stocks once the form 211 has been accepted by finra, or do you have to go to other sources? I can see a half-million shareholders and traders chasing down some shady character in an alley off wall st with stock certificates in one side of his overcoat and authentic? gold watches on the other!!
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