Interesting insight into 211 Process. FYI, Mike t

Interesting insight into 211 Process.

FYI, Mike the Pike was suspended on the same day as KMAG. Here is what he is saying about their process.

Which leads me to the last but not least category– our Market Maker.  Yes, we are officially working with a Market Maker that will file the Form 211 on our behalf.  They have stated that review has been done on all of the materials we have sent and further expressed that our package “went above and beyond…exceeded their expectations” in terms of what’s been requested.  This included the Form 211, Officer’s Questionnaire, 2 years Annual reports, most recent quarter report, company overview/corporate executive summary, original State docs, bylaws and just about anything else on the company you can imagine.  What they expected to take 3 months, took less than a month in fun-filled days and sleepless nights to prepare and send.  It’s been reviewed by their compliance department and they said within the next 4-5 days it will be sent to FINRA for their review.  This is expected to take around 4-5 weeks, with questions in between that we will address with the help of our Market Maker, counsel and any other relevant party.  So though it may seem like forever in the fast-lane that is the nano/micro markets, it’s my understanding that the hard part, which was described as 80-85% of the entire equation, is behind us and I can only pray and cross my fingers that the rest of the trip is smooth sailing back up to the pinks so we can begin trading more in line with actual accomplishments, endeavors and potential breakthroughs.

Source: http://blog.mtpprods.com/2012/11/12/movie-markets-market-makers-and-magic-melons/