Replies to post #89392 on ProText Mobility Inc (TXTM)

[Jayman5000]

Peeps get busted all the time for securities fraud.

https://www.sec.gov/litigation/litreleases.htm

[NorthPeak22]

I don't think you have any idea what you're talking about. Government officials have nothing to do with the OTC labeling a stock as a Promotion, or Caveat Emptor, or Gray/Expert Market. OTC Markets is a publicly traded, for profit company. They offer real time price quoting and a marketplace for investors and market makers to come together and execute transactions. Look up the ticker OTCM and you'll see that OTC Markets Group is a publicly traded company, just like the NYSE that trades under ICE, and the Nasdaq that trades under NDAQ. If OTCM determines that they do not want to allow trading of a company's securities bc they think they're fraudulent then that's OTCM's business, not the SEC's or any other govt agency.