We have been informed the merger would have to be approved by the Federal Trade Commission. OTCBB companies who have had their shares placed on a restricted list by either of the brokers would have the right to file a petition to oppose the merger as a further restraint of trade in the OTCBB trading environment.
Our legal team is preparing a letter that we will post on this blog.
Any shareholder of a company who has had their investment negatively affected by the actions of a broker who placed the shares of a small company you invested in on a restricted list as soon as the shares rose can file a Federal Trade Commission complaint opposing the merger.
The market restrain of trade created an imbalance in supply and demand and market manipulation causing a decrease in the value of your investment.
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