InvestorsHub Logo

creede

02/06/21 12:59 PM

#2133 RE: TIMBERWOLF #2131

I have actually spoken to them several times about this topic.

They have a procedure in place that has been there for years and years.

They review tickers for the CE warning only after a new Form 211's has been filed (which is rarely!).

That policy is antiquated now that Form 211's are a thing of the past. They are no longer needed with the rule change.

Now to be quoted on OTCM there has to be adequate public info available to the Broker Dealers. That bar is higher than the Form 211 and therefore removes the need for the form.

I got this info straight from someone at OTCM who is in management.

I also spoke to this individual and made the case that not all CE Warnings are equal but all of them are treated as equal.

To my surprise, he agreed with me but said that decision was not in his department but I should try calling around and see who might listen.

I figure the more of us that call the greater chance they will actually stop and consider the request.