InvestorsHub Logo
icon url

MallenNV

09/16/21 4:32 PM

#191093 RE: billytbone #191091

Billybone, the OTC does NOT review data or even make sure that it's true, that is up to the OTC who files the data.

The OTC are not regulators, they are a company that posts data that is not a government entity.

If an OTC sends the data and pays $6000 they will be CURRENT in 3 days. The OTC just takes a portion of the data to post on the OTCmarkets pages of each ticker. It takes maybe an hour to make that happen but they say 3 business days.

The reason there LOOKS like a backlog is because the majority of STOP signs are not filing or paying the fees.

Next week 2000+ will not be OTC compliant and it looks like the 2400 will all be dropping to Gray.

We will know in 7 days. And when that many do drop, the markets may open up the next day to retail trading.

For now, beware the ones that did up-list who will say they are 15c211 compliant. They will still be pump and dump diluted tickers that offer NO investor protections like 15c211 implies that it does.

:)