Replies to post #3122 on Interups Inc (ITUP)

[Traderfan]

It's his responsibility to deliver, but it's our responsibility to measure that risk versus reward. At least, that's how I consider investing in (most) OTC-companies.

Exactly. That's why I'm saying I couldn't personally put real money here at this point in time but everybody has a different risk management and view about that, it's what makes a market. At the same time there is nothing to say against risking some USD here, all about risk reward as you said.

And I know about the different reasons for suspensions. SEC doesn't look into secretary of states, company websites etc. They only are trying to make contact with the mailadress/company adress on OTCM. I think they even don't look into 8k's. Some years ago I was in a company that was delinquent and released an 8k about a new auditor. Few days later it got suspended for the usual reasons.

Let's be honest, if they don't do that then it would be the biggest failure for an agency that one could imagine. Not saying they should look at a website, but geez if you suspend a company for being dead and not look up the SOS on that ticker and see a recent re-instatement, then you are a lost cause as an agency. As far as I'm concerned the SEC is responsible for millions of dollar lost on retail guys with some of their actions in the last 5-8 years. What comes next? SEC suspending current tickers because somebody mentions them too often on twitter and the stock has gone up too far? That's the next step then.

And I'm curious to see what happens if a current ticker is getting dark again. Will it go to the greys immediately, or after a few months? Lot will change on the OTC, that's for sure

I'm sure they will get a grace period of some sorts but probably not too long. The whole thing is a mess, what happens to the stocks that report their earnings and filings on their website and not on otcmarkets like KLYG for example? Are they going to the grey sheets? There will be a lot of hard to decide tickers.