Replies to post #27153 on Shell Stocks; Reverse Mergers; Acquisitions; Zombi

[e-ore]

That's otcmarkets losing 3,000 potential customers so of course they're against it

"However, under the rule proposal, more than 3,000 “No Information” securities that do not make current information available would no longer be eligible for public quoting"

I've advocated a simple rule. If a company can't provide name, address, phone number and officer list on an annual basis they shouldn't be publicly traded. As far as the "expert market" that otcmarkets is running, can you say manipulation?

We propose that securities without current information available be made eligible for quoting on an “Expert” market, where quotes are distributed only to professional investors and other regulated or sophisticated participants. Retail investors would be restricted from viewing quotations in “Expert” securities; however, they would still be able to receive best execution from their broker-dealer when selling their shares.

How would you know if you can't see quotes?

[littlejohn]

3,000 companies getting pegged could be 6,000

companies getting pegged by

inability to file by year

end 2020...


SEC should go ahead and

move their review to 2021

and maintain their safe place

social distancing practices via

remote on line working...


Investors have enough on

their plates heaped high

with pitfalls...


SEC should halt review...


So we watch...LJ

[hazarderk]

i'm waiting for all those chapter 11 to come on the pinksheet some of them will recover with monster gains. seen it in 2002-2006