I wonder if LBSR qualifies under these new rules making it more difficult for Pink-listed stocks to trade for failing "to publicly report and keep current financial and other company information..."   If so, we got trouble. 

Why?  I would guess that a failure to hold annual shareholder meetings and annual elections as required by SEC could, I say COULD, constitute NOT keeping "current financial other company information" available to OTC.

Wonder where we can get unbiased info?

I got the following from Etrade today...

New rules will affect your ability to buy and sell “Pink No Information” securities, including at E*TRADE

On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available.

Some background on the new requirements

The Securities and Exchange Commission (SEC) recently adopted amendments to SEC Rule 15c2-11 governing the submission and publication of OTC quotations. These amendments will prohibit broker-dealers from disseminating bid/ask quotations for OTC securities of issuers that do not meet enhanced information filing requirements.

Securities of issuers that make the required information publicly available by the deadline in the rule should not be affected.

What these changes mean for you

Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.

Here’s how to get more information about these changes and how they might affect you:

Understand the SEC amendments for OTC securities Learn more about quotations for OTC securities

As always, thank you for choosing E*TRADE. It is our privilege to serve you.