TCEL PLEASE LETS KEEP DD TRUE ummm excuse me once please lets state true dd so newbies reading do not get misled
1 TCEL filings were sent in i called wyoming they are behind
2 TCEL will be filing with otc to get pink current
NOW REAL FACTS
as ive stated trimark mm reverse merger consultant 20+years
so lets get to business
first off WYOMING SOS IS HELD WITH HIGHER REGARD THAN SEC AND OTC MARKETS
the consequences of misleading SOS ARE FAR WORSE THAN MISLEADING SECURITY DEPTS
SOS is the start of anybusiness. you cannot even get on the market without the SOS ITS WHERE EVERYTHING STARTS
second SEC FINRA HAS AUTHORITY CORRECT
BUT OTC MARKET DOES NOT
OTC MARKET DOES NOT HAVE AUTHORITY FOR ANYTHING THEY CANNOT GET A STOCK HALTED SUSPENDED INDICTED NOTHING I DO NOT CARE WHAT RUMORS YOU HAVE HEARD BUT TRUTH IS OTC MARKETS IS NOTHING THEY HAVE NO AUTHORITY AT ALL
WHEN THEY PLACE A STOP SIGN OR YIELD SIGN OR CAVEAT OR PINK OR OTCQB IN REALITY ITSNOTHING THAT IS WHY STOVKS THAT GET CAVEATS PLACED ARE STILL TRADING
THAT IS WHY SOME COMPANIES PUT IN FILINGS AND IT TAKES TWO WEEKS FOR OTC MARKETS TO TURN THEM PINK FROM YIELD BUT OTHER COMPANIES IT LITERALLY TAKES 1 day
MUST I REMIND YOU GUYS OTC MARKETS IS ALSO A MARKET MAKER THEY ARE IN THE BOX understand they own market maker company that being said it goes down to filing hits have we got enough nope load up push it down too or maybe filing hits certain mm is low they make one call hey delay that pink status please
trust me it happens everyday just like traders work together mm work together with otc markets
that being said otc markets is exactly what it is its a market place that just is displaying price quotes and bid asks etc thats it. you could literally start your own market place and have stocks on your market then you could quote them and they would show up on ameritrade.. of course you would have to get licensed etc
but at eod otc markets is nothing but a group that said lets create pink yield stop etc and have companies send us their filings and we will monitor it thats it they cannot get you arrested halted suspended etc
can they recommend yes as they are eod monitored by finra sec but authority they have NONE
so filings with WYOMING SOS ARE VERY IMPORTANT MORE IMPORTANT THAN ANY OTC MARKET FILING
state SOS has so much authority you do not understand maybe you was misinformed so i am here to educate you when it comes to stocks it starts at the sos understand
lets say you started company did all your paperwork and put your company public with 100 shares on the nasdaq. in fact consider it you had multiple companies and put it on all exchanges because this applies to all so nasdaq nyse otc markets greys pinks qb stop limited your companys are all on all the exchanges all tiers ok
you registered 100 shares to be listed per company with sec finra etc
now you have been trading over 6 months you pps has gone up your companies are doing great
then some traders that do dd look at you filings
and what do they find
they find on your original wyoming sos filings you only registered 50 shares per company for share structure
what do you think happens next
i will tell you multiple felonys and multiple years in state and federal prison
lets even do TCEL situation
lets imagine wyoming posts and files the cancel reverse split amendment monday
everythings good tcel then puts in filings to otc and gets pink current
then kaboom 2 years later they file with finra for reverse split as once pink you have to file with finra for rs etc
so they then go on implement it transfer agent makes changes updates otc markets
1 month later traders do dd
and omg
they see that an AMENDMENT to reverse split was NEVER FILED
what happens
multiple felonys and prison
STATE FILINGS ARE THE MOST IMPORTANT
THEY ARE THE FOUNDATION
YOU CANNOT LEGALLY MERGE REINSTATE REVERSE MERGE INCREASE SHARES DECREASE SHARES REVERSE SPLIT FORWARD SPLIT ISSUES SHARES ETC WITHOUT FIRS FILING IN THE STATE SOS