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Kool Aid Man

11/24/24 11:52 PM

#94006 RE: jdcpa1 #94004

''OTC markets are regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA)''

OTC markets are also subject to state regulations, known as Blue Sky laws, which protect investors from securities fraud. These laws require sellers of new issues to register their offerings and provide financial details.
https://www.investopedia.com/terms/o/over-the-countermarket.asp#:~:text=OTC%20markets%20are%20regulated%20by,participating%20in%20the%20OTC%20markets.

I rather doubt it's ''compromised.''

AGAIN..there's a clear process to get a shell risk warning removed. Just send them financials showing a material improvement in financials. You're a CPA and a shareholder so why don't you send them Park's Q3? You may have to because he seems to have a problem getting things done or paid for on time [i.e. taxes, water bills, GAAC compliance etc.]. Call their attorney opinion writer Gary Blum and have him do it too. He also knows how to get hold of William Tynan who prepared the financials.

PR's are pointless at attracting new buyers if the ''shell risk'' warning appears on every page
Bearish
Bearish
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I-Glow

11/25/24 3:17 PM

#94065 RE: jdcpa1 #94004

Once again you have proven you are clueless about securities law, investing 101 and now the OTCM.

For your edification - the OTCM is a public for profit PR company. They aren't an exchange or Regulator.

"Otc is a private company and could be compromised. Prove me thats not a possibility."

First it is the OTCM that handles the OTC stocks and it used to be the OTCBB.

FINRA deals with the brokers and the SEC handles enforcement and oversight of the OTCM.

OTCM is OTC Markets Group Inc.

IG
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Kool Aid Man

11/25/24 7:33 PM

#94089 RE: jdcpa1 #94004

Wrong--

''Otc is a private company and could be compromised. Prove me thats not a possibility.''

OTC is a public company symbol $OTCM
https://www.barchart.com/stocks/quotes/OTCM/profile
Bearish
Bearish