Ekwan X Inc (EM) (EKWX)

Not sure when the boat

is going to make it back to Easter Island to visit the ancestors.

What is up with i mil trade

1. Sub-Penny Quoting Restrictions:
FINRA Rule 6434 prohibits firms from displaying, ranking, or accepting bids or offers for OTC Equity Securities priced below $1.00 in increments smaller than $0.0001.
This rule makes it difficult to trade shares priced below $0.0001 because market makers cannot display quotes at such granular levels.

If this rule is enforced by the Security exchange why haven't they done anything up to now to enforce it for 100 years
besides that they pocked 97% of all enforcement actions last year 20024 for themselves and only paid out about 3 % to shareholders.
What does that tell you about them when Madoff came down from the top.

While the DTCC does not have a formal minimum price requirement for the securities it clears, shares trading below $0.0001 can present clearing issues related to eligibility, administrative fees, and risk management.
Key challenges for clearing sub-$0.0001 stocks
DTC eligibility criteria: The DTC, a DTCC subsidiary, outlines eligibility requirements for securities to be deposited and settled through its electronic system. Securities must be freely tradable and fungible. While there is no explicit price floor, the DTC can be cautious of companies with a history of reverse splits or potential fraudulent activity. The extremely low price of sub-$0.0001 stocks often indicates a high-risk company.
Issuer fees and stock value: DTCC and DTC charge various asset-servicing and activity fees to issuers. For shares with extremely low valuations, these fees can become burdensome, potentially exceeding the market value of the company's public float. For example, a 2025 DTC fee schedule mentions a fee for securities with a price of $0.01 or less.
Risk management: As the central counterparty for trades, the DTCC guarantees settlement for trades handled by its subsidiary, the National Securities Clearing Corporation (NSCC). To manage risk, the DTCC requires participants to post collateral. Stocks trading at or below $0.0001 are typically highly volatile and carry significant risk, which can lead to higher margin and capital requirements for clearing members holding these positions.
System limitations: While the DTCC's systems can handle extremely low-priced securities, the practicalities of trading in sub-penny increments can be an issue. Trading venues and brokerage platforms may have limitations on order processing for stocks at or near zero, as the bid/ask spread and price movements can become meaningless.
What happens when prices fall too low
If a stock's price falls so low that it creates excessive risk or eligibility issues, the DTCC can take action. The Depository Trust Company (DTC) may issue a "DTC Chills" or even a "DTC Freeze." These actions limit or stop the electronic transfer of the security, forcing all trades to be settled physically, if at all. This effectively halts most trading activity for the stock.

Still trading at zero my only question is that trade
recorded by the DTCC and cleared properly?

50,000 volume. Still a heartbeat

I keep waiting for a heartbeat

This is about as dead in the water as you can get... Without actually being dead.
Oh Boy...

Doesn't look good ;-(

Do we have any hope here lol

EKWX anyone ever bother to contact the CEO about any developments?

It’s a start
https://ih.advfn.com/stock-market/USOTC/EKWX/chart

Little green today as well.

We got a heart beat. Small volume but a start.

Looks like this one to the grey soon. Any thoughts?

We get some heavy buying EKWX will fly

Getting some action here...$EKWX

Looking good here.

EKWX huge hits

EKWX 0002/3

Been watching it.

She is trying to get started

She is trying to get started

I believe so. Let's see what happens tomorrow

19 mil volume today...could be heating up.

$EKWX

Is this thing on. Lol. Going to make a run soon. Imo

Been quiet on the forum lately. Hopefully this stock makes a run soon

$EKWX Chart 02/23/2021

Some nice volume hitting today.

Wow that spread

$EKWX Chart 02/16/2021

$EKWX 001

Hey, just asking to see why you replied to a message that looks like it was posted in 2014. Is there something new going on with this stock? I have not been able to find any information about anything happening.

YOU ARE WRONG

Morning EKWX, let’s bust through these stubborn 9’s

This is the best kept secret stock out there. Loading up at these levels. Once peeps discover and jump on.....BOOM

Resistance was at 0.0008 and 0.0009. If it gets past 0.001, who knows how high it will fly. Shells stay on the market for a purpose.
https://www.otcshortreport.com/company/EKWX

$EKWX Chart 02/11/2021

Patience, I guess

Need eyes on this. It would fly easy

I agree.

Is there a website or any info on this company?

Good morning! Looking for another green day. We should get out of 000 today.

Good morning EKWX, beautifull day to see 1’sss

$EKWX Chart 02/10/2021

Get this ticker on Stocktwits and we could so .002

Very nice day today. Tomorrow we take out .9s

Plan on buying more soon

How slowly is your loading lol

Its good if you are slowly loading before takeoff.