I don't either, but unless I hear otherwise, I will believe the information below. If the "management team" of MCIC doesn't want buying to be halted at ETrade, a major company, they better be current by next Friday.
"After Friday, August 27, 2021, E*TRADE customers will no longer be able to buy Impacted OTC Securities through E*TRADE. E*TRADE will restrict new buy orders in Impacted OTC Securities prior to the regulatory enforcement date, as it may become more difficult to liquidate such securities after the compliance deadline. While E*TRADE will accept closing orders to liquidate positions in these securities after the amendment goes into effect on September 28, 2021, it may be more difficult to sell these securities, as quoting and market liquidity may be very limited. The following restrictions will apply to any closing order for Impacted OTC Securities:
You must not be an Affiliate, Insider, or Control Person of the company
Only limit orders will be accepted
Quotes for the security will not be available
Other restrictions related to the purchase and sale of these securities may also apply.
Please visit OTC Markets Group’s website to see if any OTC securities you hold are currently categorized as a Pink No Information, Grey Market or Expert Market security.¹
See the links below for more information regarding these changes and how they might affect you:
Understand the SEC amendments for OTC securities
Learn more about quotations for OTC securities
As always, thank you for choosing E*TRADE. It is our privilege to serve you."
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