Replies to post #47198 on Calissio Resources Group Inc (CRGP)

[m0n]

$CRGP 101 Baby!!!

Form 211

Market Makers must complete this form to initiate or resume quotations in a non-exchange listed security on a quotation medium. By completing this form, a market maker is representing that it has satisfied all applicable requirements of Securities Exchange Act (SEA) Rule 15c2-11 and the filing and information requirements of FINRA Rule 6432.

[DiscoveryStock]

No Way. The 15C2-11 application process is similar to a registration process, in that the Issuer provides disclosure information to a market maker who in turns files such information with FINRA who in turn comments on the information and asks additional questions. When FINRA is satisfied that the market maker has adequate disclosure (as provided by the Issuer) and that the Issuer has answered all questions the market maker may have (which have usually been posed by the FINRA), FINRA will clear the 15C2-11 application and the Issuer’s securities can be quoted and traded.

[Penny chatter]

Is there a different application for the mm? Why would they wait 5 years if it was that easy?