Replies to post #32393 on New Colombia Resources Inc fka NEWC

[lucky, mydog]

a company is either an sec filer or it isn't. it doesn't matter what color they are. newc is an sec filer. a delinquent sec filer. i already gave you twelve examples of pink stocks that were suspended today for delinquency, so.........

[1manband]

They weren't required to disclose anyway, they just do for investors.

Again, incorrect. NEWC is an SEC registrant under the Exchange Act. They ARE required to file with the SEC. It is not an option. And OTCMarkets is only a for-profit PR company. Their "tiers" are meaningless - made up to make money by charging companies who want something to impress the gullible by touting their "tier". Neither the SEC nor FINRA recognize those made-up "tiers". They are meaningless. The only thing that matters is if a Company is an SEC registrant. OTC stocks trade exactly the same regardless of if they have written OTCMarkets a check or not.

If you read the filings, you will also see that NEWC has issue a ton of toxic death spiral convertibles. Every toxic death spiral contract requires the issuer to remain an SEC registration while any of the instruments remain outstanding. If they don't, they get sued. NEWC is already being sued under breach of contract.

https://www.pacermonitor.com/public/case/9877605/Maloul_et_al_V_New_Colombia_Resources,_Inc