If EWLL is still trading as many of these will not even have bids in the coming months. TD Ameritrade shot a warning across the bow to traders that are in the OTC cesspool plays. EWLL clearly is a dull turd in the sewer of the OTC.
TD Ameritrade to its customers,
On September 28, 2021, new amendments adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
Ahead of the regulatory enforcement date, we will only accept orders to liquidate positions (i.e. no new buy orders) starting August 13, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.