Replies to post #146267 on JB and ZJMY Holding Co (JBZY)

[November61]

FINRA approved ticker change in the past to some scams.

They don't have the fins, and we don't know what created the delays.

Going lower, much lower, unfortunately.

Lets see if FINRA is quicker to issue a HALT.

[Snug Harbour]

FINRA also warns about R/M fraud

Check for reverse merger activity. Some pump-and-dump targets have come into existence through reverse mergers, which allow private companies, including those located outside the U.S., to access U.S. investors and markets by merging with an existing U.S. public shell company. The Securities and Exchange Commission (SEC) noted in an Investor Bulletin: "Many companies either fail or struggle to remain viable following a reverse merger. Also, as with other kinds of investments, there have been instances of fraud and other abuses involving reverse merger companies."

http://www.finra.org/investors/highlights/wake-and-smell-pump-and-dump

[Neophius]

That's pure fiction.

You're implying FINRA poured over DOLV's corporate request day and night for months.

No, they waited and waited for DOLV to supply the most basic of information. Finally, they supplied just enough that FINRA didn't have an immediate reason to deny the action.

It's not an endorsement. That's more pure pinky nonsense. It's why they warn that R/Ms that are allowed to occur STILL have the potential to be scams.