The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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never been out ...still in to the tune of 176013 shares
lloydiee69 - are you back in ;)?
is it gonna do a basil eh ...boom boom
The Piggyback Qualification should come into play at the US open.
Some may have noted Friday (15/11) and today has seen more MMs quoting on Zoetic on the OTC. Zoetic became Piggyback qualified on Friday.
Action Type...………….…....Effective Date.......Symbol
Piggyback Qualified...……. 11/15/2019...……. HGHRF
"What is the Piggy Back Rule?"
The phrase “piggyback qualified” refers to a stock for a public company that has already had a Form 211 filed by a FINRA registered market maker, and meets the “frequency-of-quotation” requirement under SEC Rule 15c2-11(f)(3).
This frequency-of-quotation test is passed when a broker/dealer publishes quotations in the stock in the appropriate interdealer quotation system for a minimum of Twelve (12) Business days during the preceding Thirty (30) calendar days. Also, during that time, there can be no greater than Four (4) consecutive business days without published quotations in the stock.
After this criteria has been satisfied, the stock is known as “piggyback qualified” and other market makers may publish quotations in the stock without filing their own Form 211.
http://otclawyers.com/what-is-the-piggy-back-rule/
You can find the Piggyback qualification under Corporate Actions on the Security Details page of HGHRF on the OTC..
https://www.otcmarkets.com/stock/HGHRF/security
There isn't a direct link to the particular Corporate Action. To see it go to the Security Details about half way down the section Corporate Actions, to the right there is a drop-down where you can select Piggyback Qualified to see if and when..
You can select also Company Name Change to see the details etc.. Hopefully we will wee the symbol change from HGHRF to ZOEIF fairly soon...
For those that didn't believe Zoetic/Highlands were previously listed on the OTC you can select Market Changes here too.. Change from the previous Grey Market to Pink on 16 October then the change up to OTCQC on 12 November
Action Type.......…….Effective Date.….Symbol...…..Description
Market Change..........10/16/2019..........HGHRF..........Market change from Grey Market to Pink Current
Market Change..........11/12/2019..........HGHRF..........Market change from Pink Current to OTCQB