Replies to post #3817 on Endurance Exploration Group Inc (EXPL)

[Seriously123]

Deregister their common stock? Why would a company do that? Sounds fishy especially with the hype of a TV show...that obviously must have fell through along with any other funding. What could be next? Let me guess Russia is going to buy them..??lol

to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company cited the significant cost, limited benefit and very limited trading of its stock as some of its reasons in taking this step. As a result of the filing of Form 15 with the Commission, the Company will no longer be required to file certain reports under the Exchange Act, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K.

[hedge_fun]

They can afford to file, and have for....

years. It just hasn't paid off. As I have been saying, unless you promote on the OTC no one knows you exist. Promotions are generally done by those who get deeply discounted shares via convertible notes. Asher and other crooks are usually the ones behind these promotions. I know of another so called salvor having done bidness with him, and they said they were on "the wreck" back in 2016. Asher, and those like him will take OTC shares. Investment banks won't.

From the PR.

There are practically no securities firms willing to provide investment banking services to OTC issuers, and most brokerage firms will no longer accept OTC issuer shares for deposit, due to the overreaching regulatory environment.

The OTC isn't the only place to trade.

Wasn't another so called salvor talking about a media deal?

I can assure you, as long as we're on the wreck(s) a TV deal is always a possibility. We actually find treasure.