Replies to post #13205 on Independent Film Development Corp. (IFLM)

[THall]

I never said they did. It says ALL delinquent/ No current information OTC stock and that would include IFLM.

Last week the SEC filed a proposal that will become effective after the 60 day period for comments has expired.

Essentially the proposed RULE will remove all 15c2-11 qualifications for Market Maker representation when there is NO CURRENT information/disclosures from every OTC stock. This RULE will adversely affect every delinquent SEC registered stock and every not-registered stock on the OTC that has no current info/disclosures.

IFLM will go to the Grey Market by default as well as 100's of other no-disclosure stocks that will lose their Market Maker representation.

https://www.sec.gov/rules/proposed/2019/34-87115.pdf