Replies to post #8460 on David Lazar's OTC SPAC's/CUSTODIAN Plays

[daman45]

I might be wrong on this, but from my comprehension of the rules.....Pink No Information stocks (not just CE) will also go to the expert market. If I am wrong, someone please correct me. If that is the case.....yes, the custodian/reverse merger plays may not be over for Lazar, but we will not be able to follow Lazar in the process and make money like we have been. The expert market is like the greys.....and you will not be able to pick up a substantial position in any stock on that market. Yes...it sucks.

[daman45]

I still wish investors in these markets would have issued more objections to the new amendment to rule 15c-211. I objected/ wrote to the SEC a long time ago when the amendment was first proposed. This does not make for a free, fair market. They are not "protecting" investors.....they are trying to control us now. The warnings listed for all of these stocks were enough for any investor to make an educated decision. In a way, many of these shell companies being taken over by custodianships are a safer play than active companies who stay up to date in filings but milk investors with P&D scams.....of course, THEY will still be trading. After this....I think I will be done in the OTC market. Reverse mergers were my go-to plays.