Replies to post #41564 on Cann American Corp (CNNA)

[Squirrely_McShitty]

Does this answer your question?

https://blog.otcmarkets.com/2024/10/14/the-evolution-of-the-otc-market-introducing-otcid/

"Issuers that do not provide updated information, ongoing reporting and the required management certifications will see their securities transition to the Pink Limited Market or to the Expert Restricted Market, whichever is applicable. This will make it clear that the issuer has no ongoing relationship with OTC Markets Group, while still allowing broker-dealers to serve clients willing to trade these securities. The “Pink” branding is well suited to warn investors of the potential for market imperfections, issuer information asymmetries and other risks of these orphaned securities."

Way I read this, regardless of designation quoting & trading will be allowed

[Ecomike]

The common lie being posted is that a stock can not get PC, with out a form 15c2-11. It is a lie.
Also lies claim the stock can not trade as a Pink Current with out a form 15c2-11
That is a bald faced lie. It simply bars Market Manipulator MM's from screwing retail. It means the only bids and asks are retail.

Pink Limited once the SEC Form 10 is filed and approved is all we need. Canadians trade CE and EM stocks all the time already. And deep pockets Americans willing to pay huge fees, can bypass the broker dealers. I do not use them. Too expensive. I do refuse to be mugged by OTC Markets,
so I still have my shares.