I am aware that the sec is what sends the stock to a gray market / expert market. I am also aware that ce is an otcmarkets designation. For example, in case of ARCS, it was OTC Markets that sent them to ce.
But back to our subject, LEGX is in expert Market, not in gray market. LEGX was sent a warning letter by the sec 2 weeks before their suspension. It was for non filing. Their 8k saying they were going to file did not save them. Still got suspended.
Anyway, I believe they will come off of it. If they’re up to date with filings, there is no reason for the sec to keep them in expert market.
Do you also think the ceo is this stupid to be spending tens of thousands on filings knowing it won’t work? FYI this ceo has another company and has been around the block. And let’s assume he’s dumb, is his attorney that dumb not to warn him he won’t get reinstated.
Anyway I don’t want to keep arguing. Let’s wait and see. If an attorney letter drops then it takes up to two months for reinstatement. Hope they do get reinstated for our sake.
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