Replies to post #45400 on Sunset Island Group Inc (SIGO)

[penknee]

It does appear that the pink no info stocks could be caught up in this. I’m not sure what happens to a stock that files a form 15 so they don’t have to report to the SEC anymore. You have to be current, which is out of the question for most of those stocks.

I’ve often wondered why OTC Markets allowed themselves to be a part of fraud, but in some cases they have to, such as a grey sheet stock. I noticed an exception to the new rule for grey sheet stocks, they’ll be allowed to trade for a few months and then they’re gone forever.

[integral]

Welp, it could induce companies to file form 15s and induce companies to pay the annual fee for OTCM, which could increase revenue for the OTCM. If companies don't file Form 15s, they that would reduce revenue, not only for the OTCM but Broker/Dealers as well.

I have not read it, I have been out of the country for nearly a month, only to go out of town for a family retreat upon return.