Tier change is not for lack of attorney letter, as

Tier change is not for lack of attorney letter, as first thought. SKTO's attorney letter is due 120 days after EOY, i.e., May 1, 2014.

There is a deficiency or deficiencies somewhere. These are ongoing qualifications for Pink Current Information from OTCM:

Ongoing Qualification:

For each Fiscal Quarter End, upload a Quarterly Report via www.OTCIQ.com within 45 days of the quarter end. (A separate quarterly report is not required for the 4th quarter.) The Quarterly Report should include:

Information in accordance with the OTC Pink Basic Disclosure Guidelines

Quarterly financial statements (Balance Sheet, Income Statement, Statement of Cash Flows, Notes to Financial Statements). Financial reports must be prepared according to U.S. GAAP, but are not required to be audited

No Audit Letter or Attorney Letter is required

For each Fiscal Year End, upload an Annual Report within 90 days of the fiscal year end. The Annual Report should include:

Information in accordance with the OTC Pink Basic Disclosure Guidelines

Annual financial statements (Balance Sheet, Income Statement, Statement of Cash Flows, Notes to Financial Statements, and Audit Letter, if the financial statements are audited). Financial reports must be prepared according to U.S. GAAP, but are not required to be audited

If financial reports are not audited by a PCAOB registered audit firm, upload an Attorney Letter via www.OTCIQ.com complying with the Attorney Letter Guidelines within 120 days of the fiscal year end.

Financial Report Timeline for Maintaining Current Information (FY 12/31 Filers)

Fiscal Period End Date Report Type - Due Date
12/31/2013 Annual Report - 4/1/2014
Attorney Letter - 5/1/2014

2014
3/31/2014 Quarterly Report - 5/15/2014
6/30/2014 Quarterly Report - 8/14/2014
9/30/2014 Quarterly Report - 11/14/2014
12/31/2014 Annual Report - 3/31/2015
Attorney Letter - 5/1/2015