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lucky, mydog

03/03/21 1:16 PM

#11763 RE: Lazarus #11762

otc is not a regulator so their designations are toothless. coho was sec delinquent, suspended for delinquency, and coho subsequently volunteered to be revoked.

currently, accr is not an sec registered filer, so the coho scenario does not apply to them.

Zorax

03/03/21 2:00 PM

#11766 RE: Lazarus #11762

Regarding shell status:

not sure how all this works but I did observe last year that COHO which was a reporting pink (current) company and listed as a shell on the OTC Markets site



And this is the part where promoters deceive people with the comment that a company is a pink reporting company when there is nothing legit about any otcm tier including their QX level. None of the otcm tiers are recognized by the SEC or Finra as reputable sources of corp information as otcm does not vet or even read fins. They -otcm try to make it sound official by claiming companies need paperwork, but none of the paperwork is needed to be substantiated by any government agency.

Thus reporting to otcm is simple submitting a letter to a advertising company called the otcm.

That company shot itself in the back. So will a-c-c-r if he continues down this road. Although it's understandable that the owner of shares seeing a pop in pps would want to take advantage of the momo. That is what all this is simply about. For the principal to free up his shares and for some odd reason try to justify it to total strangers he calls his shareholders.