I don't totally blame OTCre, they are just catering too this new mindset of OTC investors.... get in, get out, as fast as possible, and move on to the next pump of the day.
It's just that OTCre has made it faster and easier for people to get material events, that in the past would take at least a little effort, that many pumpers otherwise would not have put in.
So now, you have more unscrupulous types, who could care less about the DD, they just see a material event on a dark/defunct ticker, and they load up as fast as possible and start pumping on Twitter or iHub.
These people know, that there is no time to do any DD, because you do 15 minutes of research and the ticker is already up 100% or more. So their followers just start slapping the ASK, and the pumpers use that to their advantage to flip to them.
If these proposed changes to rule 15c2-11 go into effect, a lot of this will stop, as no one will be pumping dark tickers any longer. Reinstatement plays, custodianship, and BS RM's with dark tickers will all be dead for the most part. Tier changes will become the new pumps of the day, tickers going from No Info, or Limited info, to Current info, and L2 comes back, everyone will be rushing to load up and p&d these instead....lol.
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