Replies to post #83987 on Astra Veda Corp (ASTA)

[fnyack]

Does that include ASTA?

[VeronicaFox]

There was plenty of time for these dark companies to provide OTCMarkets with financials - they made is quite clear in regulatory & compliance releases starting last year. By March 2021 they told companies that still weren’t disclosing, they would need to provide the required disclosure to OTC Markets prior to June 30th.

It’s known the rule’s compliance date was September 28th. They also stated that securities which failed to comply would be removed from Pink as of the September deadline.

That’s what they did, it wasn’t a surprise.

SEC and OTC have killed PennyStocks with this Crackdown. They knew there were thousands of NonCurrents all applying at the same time, instead of working things out individually and keeping everyone still trading. 20% of PennyStocks are shut down.