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IPwatcher

05/02/21 7:00 PM

#94969 RE: Chartmaster #94968

Yeh yeh...
Berman!

Yawn!

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rawman

05/02/21 9:22 PM

#94973 RE: Chartmaster #94968

Nope, Bottom line is that all stop sign, yield sign, and CE tickers with active reporting and/or attorney letters are in the process of becoming PINK CURRENT....that's the recent trend in OTC.


How about some EVIDENCE supporting the claimed trend??!! Attorney Letters have been posted following the issuance of annual reports for decades, but they have no direct impact on removing the Caveat Emptor designation!

There are multiple conditions, not just delinquent financial reports, which cause OTC Markets Group to assign the Caveat Emptor designation. FYI, missing annual Attorney Letters is not one of them!

The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:

Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.

Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.

Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.