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swingingRichard

04/21/16 1:01 PM

#11780 RE: OlinSain #11779

It means going dark. Pinkies do this after they've out lived their usefulness for dumping shares.

They will no longer have to report anything. Trading will dry up completely. Most are sold within a few years after going dark.

It's not that hard to google the stuff you know.

https://www.dorsey.com/newsresources/publications/2009/03/going-dark--voluntary-delisting-and-deregistrati__
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Slojab

04/21/16 2:02 PM

#11781 RE: OlinSain #11779

It trades on the OTC market and like many still, files with the SEC. Currently, they're delinquent. Not until they file a Form 15 to deregister will they no longer be required to file 10-Qs and 10-Ks and technically, go dark.
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btm

04/22/16 2:43 AM

#11784 RE: OlinSain #11779

SWET OTCQB