We already have a reference to the fact that this is not a technical glitch, but a measure taken for MM non-compliance. I am pasting the contents of the post I have linked to in my original post:
yesterday I e-mailed FINRA at address below about what the cause was and received a response. I have another e-mail in asking who the MM was and what it is they are not complying with..Not sure they will respond but if they do I will certainly post here..
My question: I noticed ACTC was removed from the OTC:BB along with many many others today, is this a glitch or a failure to comply problem? Can you please tell me why ACTC was removed?
FINRA Response: "This was an issue in which one particular market maker failed to comply with rule 15c 211. The market move of these securities to the non OTC is valid."
I may be wrong, but moving it out of the OTC sounds like delisting to me. I hope I am wrong!
I see it on yahoo's .OB like nothing has changed from Thursday and on the .PK as it finished yesterday afternoon .102 and 3.2mil volume. This is as i see it now, BUT yesterday the .pk on yahoo should that it was trading at -28%. Does anyone see the same on yahoo ACTC.PK