Nope, not correct, that’s merely disregarding HESG’s past. Sorry, look instead at what has factually transpired with HESG - by studying their history, the future isn't a mystery.
Speaking of 2020, just yesterday the SEC adopted amendments for Exchange Act rule 15c2-11. They are increasing protection against penny stock fraud and manipulation within the OTC. That of course includes HESG.
The SEC on Wednesday announced a change to its guidelines to prevent brokers from quoting OTC shares until the businesses issuing these shares provide up-to-date monetary info to the public.
That will make it harder to trade shares of OTC stocks which are “dark”, i.e., stopped releasing financials. In HESG’s case, it’s obvious since there is no company / no financials.
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