I believe the SEC is a big part of the overall stock market problem. They also don't oversee the penny stock world. I think they sub that out. I haven't kept track of that so it may have changed. Either way whoever oversees the penny stock market isn't doing their job either.
Maybe if you're lucky LITHQ will be converted over to Monbat stock (if they are responsible for it) or whoever. Or maybe LTHUQ will be put out of it's misery sooner. ;-)
No, what the SEC is doing is making it so that MMs can't use an electronic system for trading. If companies don't start reporting to OTC Markets, the ticker will be dropped to the grey sheets. There will be no Limited Info or No Info tiers. But that won't stop trading in those securities.
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