Q: Allo/Hello,
There is a cease trade order since May1st on WAYLAND Group (WAYL) because of late financial statements. Why is this canadian company stock allowed to be negociated on OTC in US$? (MRRCF). It happened to me in the past but my broker refused to trade in the US, even if some holders said on blogs that they were doing it. The $US stock is down more than 50% since May . Not fair, but may be legal ... Thanks.
There is a cease trade order since May1st on WAYLAND Group (WAYL) because of late financial statements. Why is this canadian company stock allowed to be negociated on OTC in US$? (MRRCF). It happened to me in the past but my broker refused to trade in the US, even if some holders said on blogs that they were doing it. The $US stock is down more than 50% since May . Not fair, but may be legal ... Thanks.