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EF5$tocks

05/11/21 11:45 AM

#16551 RE: 19122 #16550

Some of this downturn is the terrible OTC market right now.....

But, there are two key items IMO:

1) OTCQB Uplist.....WTF is wrong with OTC Markets. Its getting a bit ridiculous now that we haven't been uplisted. How long does it take? SMH.

2) High 7-figure Institutional Funding.....this is scheduled to close today or tomorrow. We should get a PR update in the next 7-10 days, maybe an 8-K. There has been some confusion as to whether Triton replaced this. If it did, Triton is underwhelming (though still a positive) and we can expect more selling pressure IMO.

We shall find out a lot in the next 2-3 weeks.
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when in rome

05/11/21 2:26 PM

#16553 RE: 19122 #16550

Exactly, but something’s not right in the OTC. And the worst part of it is that the SEC is intimidated by big market makers and powerful brokerage firms that illegally manipulate. In essence, allowing these companies to do this is almost like allowing them to print money. We all know that the market is a gamble, and even in the best of times it’s not a level playing field. But what’s been happening since mid-February is like robbing a bank in broad daylight. Jane Street Capital was named market maker of the year last year and traded 17 million dollars worth of securities. Does anyone really think the SEC a would touch a company like that if they did something wrong?