Posted On: 03/30/2016 3:53:32 PM
Post# of 56324
Tanking will really begin in a month or two if this is still on the grey market.
Come May this will be .000x if they haven't gotten it back onto the Pinks by than, which looks like a long shot.
Companies lucky enough to get back off the Grey Market usually are looking at two years and that's if they have audited financials and a bunch of other things positive going on to make FINRA confident they can remove the company from the greys.
The fact we haven't heard a word from anyone in a month and a half since the suspension should tell everyone what they need to know. IMO the situation is much much more serious than people are trying to state here and they are most likely being investigated for fraud. If it wasn't serious and nothing big was going on a statement would have been put out by now.
The silence here tells all. JMO
Come May this will be .000x if they haven't gotten it back onto the Pinks by than, which looks like a long shot.
Companies lucky enough to get back off the Grey Market usually are looking at two years and that's if they have audited financials and a bunch of other things positive going on to make FINRA confident they can remove the company from the greys.
The fact we haven't heard a word from anyone in a month and a half since the suspension should tell everyone what they need to know. IMO the situation is much much more serious than people are trying to state here and they are most likely being investigated for fraud. If it wasn't serious and nothing big was going on a statement would have been put out by now.
The silence here tells all. JMO
(2)
(3)
