Thank you for the explanation. Interesting what would develop here. It seems many are afraid to touch now all non current tickers as SEC has been cracking down on those lately.
IF A TICKER FILES FORM 15 WHICH_ IT RELIEVES THE TICKER FROM THE OBLIGATION OF FILING FINANCIALS WITH NO PENALTY OF SUSPENSION_ BUT ONCE THE TICKER FILES A 10Q OR 10K AFTER THE FACT WITHOUT FOLLOW THROUGH WITH TO 10Q's, THE FORM 15 BECOMES VOID. IF A TICKER FILES 10Q AFTER FILING FORM 15 THE TICKER HAS TO FILE ALL.
THE WHOLE POINT OF FORM 15 IS FOR A TICKER TO WAIVE IT'S OBLIGATIONS TO FILE. SO, FILING A 10Q REVERSES THAT.
** $JAMN HAD NOT FILED ANY 10Q OR 10K'S SINCE IT FILED ITS FORM 15 big smile***
I HAVE BEEN SUCCESSFUL WITH OTC PLAYS LIKE $JAMN BECAUSE I HAVE BEE ABLE TO FIGURE OUT HOW THESE THINGS.
ENJOY THE TIP
OH WAIT 1 MORE TIP.
I PREFER STOP SIGN PLAYS WITH TO _OTC CURRENT PLAYS. OTC CURRENT MEANS NOTHING FOR A TRADER. THEY ALL ARE STRUGGLING COMPANIES AND OTC CURRENT DOESN'T CHANGE THAT. IT'S JUST HYPE FOR OTC MARKET TO GET ITS FEES PAID AND LICENSE FOR FOR THE TICKER TO DILUTE
I PREFER $JAMN TYPE PLAYS WITH FORM 15 FILED BECAUSE. THE 2 TOP THINGS THAT SCEW TRADERS IS TOXIC NOTES AND REVERSE SPLIT.
PLAYS WITH FORM 15 FILING ELIMINATE THE 2 TOP TREATS TO TRADERS WHICH ARE NEW NOTES AND REVERSE SPLIT.
FORM 15 PLAYS LIKE $JAMN CANNOT ISSUE NEW NOTES AND CANNOT REVERSE REVERSE. big smile
NOTE: $JAMN AS IS MAXED OUT AND LOCKED, PLUS THE FLOAT IS LOCKED TOO big smile thanks to 'BLULLISH