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CashBowski

02/17/22 9:22 AM

#110996 RE: MD-420 #110985

They’re filing to deregister their shares from SEC. Meaning no more audits or regulatory oversight. Instead they’ll be a non-reporting pink sheet. They’ll only have to submit the most basic reports to OTCM, and as you know OTCM is not a regulator, but if they do not comply with amended Rule 15c-211 they will no longer be eligible for quotation on the OTCM.
It’s exactly what Omni filed (Form 15) before they went dark.

They are now what you call a stinky pink.