InvestorsHub Logo

Renee

09/07/17 7:41 PM

#654 RE: Orange4Yellow #653

To your question, "Once deregistered , with no market makers - can the OTC market still offer a forum to trade for existing stockholders?" the answer is absolutely no because the company would no longer have any registered stock and no ticker.....and it would be unlawful for any public market to allow any trading.

You mention the company has assets in India. Perhaps as an aggrieved shareholder you could seek legal advice on putting a lien against the company's assets....but that would cost money that you would likely never recover.


sidedraft

09/07/17 9:49 PM

#656 RE: Orange4Yellow #653

A common misconception, OTCMarkets have nothing to do with the transactions of a stock trade. OTCMarkets is a private company, which offers services to companies, for fee.
In a couple of days, even before the inevitable revocation, this ticker will be on the "grey market", meaning that no market maker is allowed to make a market, so you will not see a BID or an ASK published.
Once deregistered , with no market makers - can the OTC market still offer a forum to trade for existing stockholders