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Posted On: 02/07/2017 9:05:32 AM
Post# of 1846
Well I guess we don't need that letter. This should be popping soon.
I contacted David Lovatt and here is his reply. (read bottom up)
From: David Lovatt [mailto:david.lovatt@pocketgamesinc.com]
Sent: Tuesday, February 07, 2017 4:59 AM
To: John
Subject: Re: Onvestment
Hi John,
I can’t give any information like that out I’m afraid. However, what I can say is that the stop sign came about as we transitioned from being Fully Reporting SEC to Alternative Reporting OTC. We went this route as the cost is significantly cheaper for the latter. The difference is around $150,000 per year. Our expectation is that the much awaited upgrade to the Kicksend App, essentially fixing all of the bugs and making it work again (!), will be out within a month I anticipate. Without the overhead of being fully reporting, funds we raise can be directed into development rather than into PubCo costs.
All the very best,
David Lovatt
From: John
Date: Tuesday, 7 February 2017 at 09:52
To: David Lovatt <david.lovatt@pocketgamesinc.com>
Subject: Re: Onvestment
David
Have to say I am very impressed with such a fast reply so early, nice to know I'm not the only one awake!
That being the case can you tell me if the "stop sign" has resulted in you holding off on any pending new releases?
On Feb 7, 2017 4:48 AM, "David Lovatt" <david.lovatt@pocketgamesinc.com> wrote:
Good day John,
You will see on the OTCMARKETS.COM website that we have recently uploaded our disclosure statements and are awaiting review and approval to be Current Information. If they do not require any amendments, this should occur this week. If they require amendments, it will take longer.
Regards,
David Lovatt
From: Pocket Games Inc
Date: Tuesday, 7 February 2017 at 09:41
To: David Lovatt <david.lovatt@pocketgamesinc.com>
Subject: Onvestment
Name
Subject Onvestment
Message Good morning, Been doing some research and I am very interested in investing in your company. My only concern is the Stop Sign shown on OTC Markets. Can you please tell me if there is a plan for you to become current in the near future?
Site http://www.pocketgamesinc.com
I contacted David Lovatt and here is his reply. (read bottom up)
From: David Lovatt [mailto:david.lovatt@pocketgamesinc.com]
Sent: Tuesday, February 07, 2017 4:59 AM
To: John
Subject: Re: Onvestment
Hi John,
I can’t give any information like that out I’m afraid. However, what I can say is that the stop sign came about as we transitioned from being Fully Reporting SEC to Alternative Reporting OTC. We went this route as the cost is significantly cheaper for the latter. The difference is around $150,000 per year. Our expectation is that the much awaited upgrade to the Kicksend App, essentially fixing all of the bugs and making it work again (!), will be out within a month I anticipate. Without the overhead of being fully reporting, funds we raise can be directed into development rather than into PubCo costs.
All the very best,
David Lovatt
From: John
Date: Tuesday, 7 February 2017 at 09:52
To: David Lovatt <david.lovatt@pocketgamesinc.com>
Subject: Re: Onvestment
David
Have to say I am very impressed with such a fast reply so early, nice to know I'm not the only one awake!
That being the case can you tell me if the "stop sign" has resulted in you holding off on any pending new releases?
On Feb 7, 2017 4:48 AM, "David Lovatt" <david.lovatt@pocketgamesinc.com> wrote:
Good day John,
You will see on the OTCMARKETS.COM website that we have recently uploaded our disclosure statements and are awaiting review and approval to be Current Information. If they do not require any amendments, this should occur this week. If they require amendments, it will take longer.
Regards,
David Lovatt
From: Pocket Games Inc
Date: Tuesday, 7 February 2017 at 09:41
To: David Lovatt <david.lovatt@pocketgamesinc.com>
Subject: Onvestment
Name
Subject Onvestment
Message Good morning, Been doing some research and I am very interested in investing in your company. My only concern is the Stop Sign shown on OTC Markets. Can you please tell me if there is a plan for you to become current in the near future?
Site http://www.pocketgamesinc.com
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