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Stock_Barber

02/07/18 12:17 PM

#149768 RE: LOVE*PINK #149766

Good luck trying to find a MM...

"In order to resume trading normally, on the Pinks or OTCMarkets' OTCQB tier, the company must find a market maker willing to file a Form 211 to enable it to regain compliance with Rule 15c2-11. The form looks simple enough, but it is not. And there's a special section asking whether the issue has been subject to a trading suspension. When an MM files a 211, it assumes liability. For that reason, they are not generally willing to sponsor a company that's been suspended unless they have very good reason to believe the SEC will not be bringing a further enforcement action. Usually the agency is unwilling to offer such guarantees, and so the stock is left in limbo."

TradeForProfits

02/07/18 12:31 PM

#149775 RE: LOVE*PINK #149766

righto