Feb. 19 at 5:34 PM
$WOK $OCG
Chinese companies are using the Nasdaq as a personal ATM, vaporizing 99.9% of your investment through 'Serial Splits'.
A retail investor holding 10,000 shares of WOK in early October now owns exactly one share. This is not "market risk"; it is a calculated bypass of Nasdaq Rule 5810(c)(3)(A)(iv), which was amended to prevent companies from regaining compliance through a second split within a one-year period.
STOP THE THEFT!
🚨 Chinese companies like
$WOK,
$OCG, and many others, are using "Serial Reverse Splits" to rob US retail investors of 99.9% of their capital.
$WOK: 1:10,000 split in 60 days.
$OCG: 1:220 split on Jan 16.
Why is @NASDAQ allowing this? Protect retail! #stockmarket #scamalert #sec #wok #ocg #mnts #trading #retailinvestors
INVESTIGATE NOW. Stop the 2025 "One-Year Rule" violations!
WHY IS THIS ALLOWED? Stop the fraud. 📷
@SECGov