Today I learned that being on FINRA's list of companies to not ever approve a corporate action for (ie - probably not on the up and up) is a good thing.
Here's something that doesn't take a Rocket Scientist to figure out, if the Company can't get a name change approved by FINRA, then they will not be able to get anything approved, which includes a Reverse Split.
Or a merger or acquisition. So shareholders will be stuck with a shell company.
So we are in agreement. No merger. No acquisitions. No nothing. Just stuck.
Here's something that doesn't take a Rocket Scientist to figure out, if the Company can't get a name change approved by FINRA, then they will not be able to get anything approved, which includes a Reverse Split.