The company is operating on shoe string budget with limited resources, it needs to relieve itself from the pressure of filing financial reports and concentrate on capturing business deal in the QD-Blochain-Anti-Counterfeit project. That is the reason for the downgrade but it is only temporary. When the delinquent reports are filed shareholders can be sure that good news of new business partners and new licensees will follow just a it happened in 2018 with the announcement of the licensing deal in India after upgrading from the Pink back to the OTCQB.