GREY:ARGEF - Post by User
Comment by
MustangSalleyon May 04, 2019 3:35pm
121 Views
Post# 29711177
RE:RE:Who sells 80k worth of stock...
RE:RE:Who sells 80k worth of stock...
A pp is not vetted by a brokerage, so the only Exchange conditions are not allow the company to price below $.05 except when necessary (which is always because when you trade below $.05 you are hard up for cash and no financier is going to be Santa Claus.) Other condition is just the % discount approval which is a price based formula
. The exchange doesn't know what these companies do and hasn't any ability or the money to study companies so this is all they can do.