October 12, 2019
Thank you for giving me the opportunity to comment, and for reading my thoughts. "Dark" companies are one of the very few places in the investment world where someone like me can find undiscovered "gems." I would like to see the requirement for a quarterly report for the dark companies that is simply corporate name, address, officers, and contact information. If a company with publicly traded stock can not provide that it shouldn't be trading and should be revoked. "Zombie tickers" would disappear over time. If someone had previously invested in a company that closed its doors and disappeared they should accept the loss.
It's ok with me if current financial information is not available through the SEC or otcmarkets,com. If the company won't provide it I won't invest. But to me it's essential that I know a company is still in existence. So I recommend the above requirement, which should cost companies very little. If the stock is tradeable, we should know that the company exists.
Let companies stay dark and trading if they're still in business. I see this proposal of yours as punishment for companies that choose to go or stay dark. Please reconsider.