Replies to post #101798 on DD Support Board and Research Team

[janice shell]

Companies doing corporate actions also pay fees to FINRA for processing them. Only $200 if the notice is timely, but up to $5000 if it's late. Since many pennies are pretty much broke, perhaps at least some will be thinking twice now that an additional $1000 is required.

I just noticed for the first time that a penny company can apparently request symbol deletion. One so wishes more of them would.

http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=12829&element_id=9364&highlight=6490#r12829

[MIKEY501]

Sounds good to me! Every step and additional cost to these CEOs who keep doing this helps.

[TenKay]

I wonder if this applies to pending changes as well? I can think of a few tickers that are awaiting actions that have not been processed yet due to "questions".