That pertains to Pink non reporting. TPAC is P
Post# of 22940
(Total Views: 444)
Posted On: 06/07/2018 4:48:58 PM
That pertains to Pink non reporting.
TPAC is Pink reporting. TPAC is a SEC reporting company and MUST abide by all SEC rules and regulations.
Note holders cannot convert when the company is delinquent. There is 0 exceptions to the rule. Like it or not its a fact and Bill knows how to play the game given his legal background.
TPAC is a SEC registrant. The transfer agent will not issue new shares to note holders while the company is in default. By Bill not filing the K and now 2 Q's that prevents the CD holders from being able to convert their restricted shares to sell to the market. This is basic trading stuff everyone should already know.
Bill did NOT renegotiate the debt, he simply stopped filing so the debt could not be sold into the market. He did this at the same time he did the ICO PR so insiders could dump their shares. Thats why over 1 billion shares were sold on the ICO PR and the price didnt budge.
I've never witnessed a group so naive.
https://investorshangout.com/images/MYImages/...titled.jpg
TPAC is Pink reporting. TPAC is a SEC reporting company and MUST abide by all SEC rules and regulations.
Note holders cannot convert when the company is delinquent. There is 0 exceptions to the rule. Like it or not its a fact and Bill knows how to play the game given his legal background.
TPAC is a SEC registrant. The transfer agent will not issue new shares to note holders while the company is in default. By Bill not filing the K and now 2 Q's that prevents the CD holders from being able to convert their restricted shares to sell to the market. This is basic trading stuff everyone should already know.
Bill did NOT renegotiate the debt, he simply stopped filing so the debt could not be sold into the market. He did this at the same time he did the ICO PR so insiders could dump their shares. Thats why over 1 billion shares were sold on the ICO PR and the price didnt budge.
I've never witnessed a group so naive.
Quote:
Posted By: corporatexpress
Re: MakZak #21133
Wrong. The Pink Open Market provides brokers a platform for transparent trading and best execution in any security. There are no financial standards or disclosure requirements. A wide spectrum of companies are traded on this market, including foreign companies that limit their disclosure in the U.S., penny stocks and shells, as well as distressed, delinquent, and dark companies not willing or able to provide information to investors.
The Pink Market is for professional and sophisticated investors with a high risk-tolerance for trading companies with limited information available and limited regulatory oversight.
https://www.otcmarkets.com/corporate-services...-companies
You have to do your own due diligence on ALL Pinks because of this.
https://investorshangout.com/images/MYImages/...titled.jpg
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