(Total Views: 686)
Posted On: 05/18/2021 12:57:28 AM
Post# of 22462
I wouldn't expect QTMM to resume trading after the 10 day suspension ends:
https://www.investor.gov/introduction-investi...investor-5
https://www.google.com/url?sa=t&source=we...1313889393
Quote:
For stocks that quote in the OTC market (which
includes stocks quoted on the Bulletin Board and
OTC Link (f/k/a Pink Sheets)), quoting does not automatically resume when a ten-day suspension
ends. Before OTC stock quoting can resume after a suspension period, SEC regulations require a broker-dealer to review specific information about the company in accordance with Exchange Act Rule 15c2-11 and FINRA Rule 6432. If a broker-dealer does not have confidence that a company’s financial statements are reasonably current and accurate in all material respects, especially in light of the questions that may have been raised by the SEC suspension action, then a broker-dealer may not publish a quote for the company’s stock. The OTC markets function through dealer systems where only broker-dealers may quote and facilitate trading in OTC stocks
https://www.investor.gov/introduction-investi...investor-5
https://www.google.com/url?sa=t&source=we...1313889393
(0)
(0)
My posts is of my opinion only. Please conduct your own Due Diligence; this is YOUR investment.
Scroll down for more posts ▼