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creede

05/08/20 12:52 AM

#56752 RE: janice shell #56749

I think all stocks get one chance now. If they get suspended they go expert.

Then they gotta get fully transparent and current or they don’t get out. With no L2 everyone will dump their shares and company will stay in exile. That keeps the fraudsters (or scammy management) from being able to dump their shares. The goose is cooked.

Only the best stocks will get out of Expert. That’s how it’s different from the greys.

It also gives stocks one chance at trading unsolicited. If they blow it they go Grey until they get current.

The whole thing is brilliant in my humble opinion.