Lookingforward, There are no new SEC guidelines wh
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Posted On: 02/08/2020 6:59:12 PM
Re: Lookingforward #1785
Lookingforward, There are no new SEC guidelines which you speak of, but there are new SEC proposals in the works that if approved within a few months will force every delinquent SEC registered ticker to trade on the grey sheets. That means no bid/ask and if no market makers are available that means it would be very hard to trade the ticker per proposed SEC 34-87115.
What the PHIL CEO did to shareholders is a terrible thing. I had a bid in when the OS was 5B but cancelled due to constant dilution.
FWIW, I doubt the SEC proposal will ever get approved. They tried this 2x already in the past.
What the PHIL CEO did to shareholders is a terrible thing. I had a bid in when the OS was 5B but cancelled due to constant dilution.
FWIW, I doubt the SEC proposal will ever get approved. They tried this 2x already in the past.
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