I'm not here to argue with you either but don't be
Post# of 11038
http://www.brokerage-review.com/findbroker/br...firms.aspx
I speak from 5 years of pink sheet trading experience. Im with you that I want to see a resolution via cover....but I have never seen a cover on a grey sheet stock that did not have a bid or ask (15c-211) or was forced to cover via a judges order. Just saying!
It has never happened and if it did happen....it was deleted! i take it from your lack of evidence, experience, and understanding that you cant refute.
Anyway...doesn't matter even if a cover were to take place....the stock price wont be at .0001....it would be at much higher prices.....that clearly didnt happen.....(yet) maybe....
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/