Replies to post #59707 on Plastic2Oil Inc (PTOI)

[jimmenknee]

Are you saying that an OTCQX stock can be listed and traded on a German Exchange without the company's authorization?

I don't believe that to be true-- US companies need a German sponsor to get listed from what I recall.

I seem to recall a company complaining their stock got hijacked though-- perhaps that is what you are referring to?

[Scandle34]

callthebank,

It apparently is easier to do over there, but the real issue with OTCBB's and offshore is not shorting, it is that Reg S allows a way around Rule 144 restrictions... Typically so called "off-shorting" is really off-shore selling of otherwise restricted stocks. Add that to a convertible debenture and it's a bloodbath.

None of that is relevant here.