Replies to post #11089 on Electronic Game Card, Inc (fka EGMIQ)

[Thirsty Tiger]

It will resume trading immediately but on the Grey Market, since no MM can make a market in it per SEC directive.

It will not be traded or quoted on the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.

In other words the MM's are prohibited to make a market in EGMI until such time a they receive a fresh Form 15c2-11 from EGMI and accept what it contains. However, you will still be able to trade your shares. the B/D's will simply put your order out there and if anybody likes it he/she may match it

So don't blame the MM's, they will have had nothing to do with it.