Boiler Room: The Official Stock Market Discussion

Chrishaune

Chrishaune

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So apparently ECOS is a stock being restricted because the OTC markets has designated it "caveat emptor" status....

OTC Markets Group designates certain securities as 'Caveat Emptor' and places a skull and crossbones icon next to the stock symbol to inform investors that there may be reason to exercise additional care and perform thorough due diligence before making an investment decision in that security.


The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:


  • Promotion — The security is the subject of stock promotion that may be misleading or manipulative. Promotional activities may include news releases, spam email, and newsletters, whether they are published by the issuer or a third party. See OTC Markets Group's Policy on Stock Promotion.

  • Investigation of Fraud or Other Criminal Activities — There is an investigation or other indication of fraudulent or other criminal activity involving the company, its securities or insiders.

  • Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).

  • Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.

  • Other Public Interest Concern — OTC Markets Group may determine that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.

When Does Caveat Emptor Get Removed?


Facts and circumstances may differ, however generally, OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern. The Caveat Emptor designation is typically not removed within the first 30 days. During the time it is labeled Caveat Emptor, any stock that is not in Pink Current Information will also have its quotes blocked on www.otcmarkets.com.
Click to expand...


There's more than a few pennies like this....
 
Fastlyfe

Fastlyfe

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FPVD (BigToken) has held me down even through the red days. Been hovering between 5-7 cents for about two days now. They haven't even been uplisted yet but when they do :whew: ill hit six figs if it hits the $1 range.

Been in SNPW for the long term play. Hopping on these renewable/clean energy stocks ahead of when Biden admin heavily starts putting money into these companies.
 
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