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Posted On: 10/27/2021 3:40:55 PM
Post# of 86067
It's been a busy morning, so I'm just catching up to some (but not all) posts.
I spoke with OTC Markets compliance department earlier this week. They indicated that now that we are are Current, there are two triggers for changes in status:
1) 46 days after a Quarter ends, if disclosures and financials are not received, the "Limited Information" Yield sign comes back;
2) 91 days after an Annual period ends, if disclosures and financials are not received, the "No Information" Stop sign comes back
They also indicated that disclosures and financials are able to be viewed publicly 15-20 minutes after they are posted to the OTC Markets page by the Company. OTC reviews them concurrently with the public.
As previously posted, Doc is not going to let any of that happen!!! (Note, at the time I wrote Doc, I thought it was 31 days for Yield sign and 46 days for Stop sign, but that was not correct. Nonetheless, the message from Doc is clear - we're going to stay current from here on.)
I spoke with OTC Markets compliance department earlier this week. They indicated that now that we are are Current, there are two triggers for changes in status:
1) 46 days after a Quarter ends, if disclosures and financials are not received, the "Limited Information" Yield sign comes back;
2) 91 days after an Annual period ends, if disclosures and financials are not received, the "No Information" Stop sign comes back
They also indicated that disclosures and financials are able to be viewed publicly 15-20 minutes after they are posted to the OTC Markets page by the Company. OTC reviews them concurrently with the public.
As previously posted, Doc is not going to let any of that happen!!! (Note, at the time I wrote Doc, I thought it was 31 days for Yield sign and 46 days for Stop sign, but that was not correct. Nonetheless, the message from Doc is clear - we're going to stay current from here on.)
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