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Replies to post #16991 on Cache Inc (CACH)
Liveingreenbay
08/11/21 5:53 PM
#16992 RE: janice shell #16991
VeronicaFox
08/11/21 8:38 PM
#17003 RE: janice shell #16991
Actually they're not. The shell peddlers are backing away, not wanting to be stuck with worthless inventory. It still isn't clear what will happen to shells at the end of September. The new rule provides that what would seem to be NEW shells would have 18 months following their initial quotation to find a buyer. OTC Markets would like to think that means ALL current shell companies, but that does not seem to be what the SEC is saying. And even OTCM says they're still trying to get more specific answers from the SEC about that. CACH is a delinquent SEC filer. That makes it an undesirable shell.
excelsiorvision
08/12/21 9:38 AM
#17017 RE: janice shell #16991