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@dlauer @dlauer there us history here. You would really need to go back over a year and a half to fully grasp the complexity of this. @Finra allowed a series A perferrd share to trade that was never supposed to be traded outlined in here in the proxy sec.gov/Archives/edgar…
@dlauer @FINRA 2) A market maker (gtsx.com) or 2 (canaccordgenuity.com/capital-market…) started to create a platform to make it tradeable before the merger happened between $TRCH and $MMAT as shown on this OCC memo... Merger was not to complete till the 28th but got done a day early, context
@dlauer @FINRA 3) On the date of the merger the options became available as of the 28th. This was not found by retail till well after the tradability BTW. And no one thought anything about it since the option were working as they should.
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