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Jayman5000

01/08/23 10:29 AM

#44139 RE: BigIbby #44136

Well, it is the OTC after all. If parading the two year protection clause helps sell shares, then of course they might try it.

Conversely, I wouldn't think any businessperson worth their salt would sign an agreement so restrictive while not knowing what the future holds.

The eject button in there makes it "signable". If circumstances suddenly dictate, then they can go ahead and make needed amendments.

I think a lot of people forget that the OTC is not actually here to make investors rich. The OTC exists so crappy companies that can't get on the real exchanges still have a chance to sell shares to investors hoping to get rich.

Most OTC investors bag out, never to return. And yet the OTC companies keep churning, many of them working up to bloated share structures, reverse splitting, and then doing it all over again. And again. And again.;

"Real" companies occasionally exist on the OTC but they sure are few and far between.