Hard to say, other than its its just the way it had always been done in the past. This custodian is new and fresh out of college, perhaps he's not aware that the landscape has changed this past year. If there is a chance anyone can make a few bucks in the OTC, especially when it comes to OTC reverse mergers, the regulators got to nip that in the bud.
Only place it pays now to be in the OTC, is to be a toxic convertible lender, regulators don't care about these scumbags that dump stocks into oblivion...that's A-OK..!!
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