Replies to post #3462 on Tingo Inc (TMNA)

[janice shell]

My impression is that only people who are qualified to be regarded as experts are allowed to buy shares in PRED and TMNA.

Your impression is incorrect. And for obviously reasons, "sophisticated" investors rarely want to buy junk that's been suspended by the SEC for suspected fraud.

Back in 2021, OTC Markets wanted to dedicate the "Expert Market"--its new name for the Grey Market--to something like that. They put a lot of pressure on the SEC to make it happen. But the SEC wasn't playing:

On December 22, 2020, the Commission issued notice of and requested comment on a proposed exemptive order that, if adopted, would grant a conditional exemption from Rule 15c2-11 for certain publications of broker-dealer quotations on an expert market operated by OTC Link LLC.[1]

This proposed order is not on the Chair’s agenda in the short term. Accordingly, on September 28, 2021, the compliance date for the amendments to Rule 15c2-11, we expect that broker-dealers will no longer be able to publish proprietary quotations for the securities of any issuer for which there is no current and publicly available information, unless an existing exception to Rule 15c2-11 applies...

https://www.sec.gov/news/public-statement/proposed-expert-market

I don't think anything's changed since then. It was a great disappointment to OTC Markets Group.