NHPI/WDBG Well it could be worse - it could be suspended and tossed down to the grey market. I suspect since the R/S isn't suppose to happen (I assume FINRA will have to OK this) until the 14th - it would not surprise me to see Doherty carry on like this is no big deal and announce further acquisitions. There was Dubai talks and a couple of Ireland brokerages that were suppose to be acquired. I suspect he will continue the way he has and ignore the r/s that would wipe out the current investors - as he knows there are always more where they came from. It will be spun like it is a good thing no doubt - their stairway to NASDAQ listing no doubt. https://backend.otcmarkets.com/otcapi/company/financial-report/209871/content
too bad the SEC is effected by the shutdown - maybe something could be done given all the red flags - but hey FINRA had no problem giving them their name and symbol change so why not give them that nasty reverse split as well.
SEC Operational Status Due to the ongoing federal government shutdown, the SEC is currently operating in accordance with the agency's plan for operating during a shutdown. Effective Thursday, Dec. 27 and until further notice, the agency will have a very limited number of staff members available. The SEC has staff available to respond to emergency situations involving market integrity and investor protection, including law enforcement. In addition, our plan calls for the continuing operation of certain Commission systems, including EDGAR. We plan to post any changes in operational status on this page. Additional information is available from the Division of Corporation Finance and the Division of Investment Management.
The wheels of justice turn slowly - but I think they will eventually turn!
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