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Nanologix Inc NNLX
Posted On: 12/21/2014 12:06:22 PM
Post# of 9144
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Posted By: microcaps
Not trying to suppress honest info-thats insane

otc determines the changing pink standards w sec's implicit approval

SEC determines standards for fully reporting co's except that otc requires certain things of OTCQB- like the new 1c pps and 10000 yearly surcharge fees

no info limited info and pink current-except for new sec pink current that dont meet new otcqb pps and surcharge standards-are otc pink classes which have no stock holder or assets standard to my knowledge -never seen any- thats an SEC etc OTCQX big board standard-and such would violate otc's verty purpose of expecting every co to upgrade to pink current- att cert letter,quarterlies, 10q and 10k's etc

limited info just requires twice yearly bare bones financials -no quarterlies (though such is permitted) or cert letter

I've never seen otc detail their costs for individual filings or classes etc except 250 for level 2 and new 10000 otcqb surcharge -so if u have such post it

i never said any penalties (other than investor choice/comfort level) for not uplisting- AS I already said i was talking about not upgrading-which is different than uplisting

upgrading is within pinks classes - uplisting is from pinks to OTCQB or OTCQX etc

I've detailed otc qualifications for pink classes at length before-

many cos dont have the money for pink current until revenues but otc thinks every co should be current whether revenue or not and often demands such when significant revenues arrive














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