InvestorsHub Logo

price_and_volume

02/09/24 2:32 PM

#9432 RE: Cambreau #9430

EM has 15-day grace period, otherwise new 15c2-11 required.

At least that's my understanding from OTCM & FINRA.

$WSGF & then $VAYK exceeded that, so even tho it re-gained Pink Current status, OTCM/FINRA now require an updated Form 15c2-11 to be filed.

This may help

Also OTCM's blog attempts to explain it here & here:

1. https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/

2. https://blog.otcmarkets.com/2023/09/14/the-expert-market-its-larger-role-post-rule-15c2-11/

As mentioned, until then $VAYK continues to trade thin & non-transparently to retail.

Does that imply PPS is "manipulated"?

Maybe. Bids & Asks are not transparent to retail, which is why retail is repeatedly warned against trading or even believing what they see in these stocks.

Doesn't mean they can't run bigly if you're lucky.

GLTA