I've just been informed that some have spoken to t
Post# of 9122
Posted On: 12/21/2014 2:42:35 PM
Re: pumpkinsherrie #1033
I've just been informed that some have spoken to the CEO about upgrading and he knows the requirements and fees and has read the 40+ pages of documentation required- so that is excellent news.
And the source reports unless they paid otc to post the financials on otc , the stop sign would remain- thats what i've been talking about re filing fees- a previous limited info co i was aware of was charged ca 3000/yr for otc filing fees years ago. As i said i read on otc's 10q once that they were earning 40% of their revenue from such filing fees
And the same source reports its at least $3,500.00 per year to have otc move a company from no info status to limited info - in light of the current posting exchange and i'm reporting that because i believe they intended me to report that in light of the current posting exchange.
So we are hoping the reason for financials being posted is to take that step
And the source reports unless they paid otc to post the financials on otc , the stop sign would remain- thats what i've been talking about re filing fees- a previous limited info co i was aware of was charged ca 3000/yr for otc filing fees years ago. As i said i read on otc's 10q once that they were earning 40% of their revenue from such filing fees
And the same source reports its at least $3,500.00 per year to have otc move a company from no info status to limited info - in light of the current posting exchange and i'm reporting that because i believe they intended me to report that in light of the current posting exchange.
So we are hoping the reason for financials being posted is to take that step
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