Aug. 18 at 12:55 AM
$RITE
Catalyst watchlist for MineralRite:
1. James CEO submits the Third Amendment to Form 10
• Watch for: filing confirmation on EDGAR.
2. SEC Approval (No Comment Letter)
• This is the credibility milestone: SEC accepts disclosures on reserves, share structure, funding.
• Moves RITE from “speculative shell” to “validated story.”
• Market impact: unlocks institutional eyes and sets the stage for FINRA action.
3. FINRA 15c2-11 Clearance
• Restores full quote eligibility (real bid/ask, broker access).
• Retail sidelined so far floods in, MMs expand, liquidity opens up.
• Market impact: often the most violent re-rate since liquidity bottleneck is gone.