Replies to post #10525 on North Springs Resources Corp. (NSRS)

[retiredanalyst]

Some brokers won't clear it, some will even with the CE. But more and more brokers are getting cold feet with NSRS. You've got bigger problems if DTCC chills it. But yes, OTC dropping it to Caveat Emptor should sound an alarm, only because you know regulators are onto it and are aware of the extent of the promotions, and have certainly noticed the daily trade volume, and stock chart since the beginning of the promos. Today for example there were 6,867 trades in NSRS, more than 3X more than any other OTC traded security. You can also bet that the SEC and FINRA are starting to ask a lot of questions, because this type of volume doesn't go unnoticed by regulators.