I see OTC lists WOLV as ''limited info'' category
Post# of 876
Posted On: 01/28/2015 1:25:03 PM
I see OTC lists WOLV as ''limited info'' category
since OTC has changed the rules for OTCQB- adding 1c min bid price and $10000/year surcharge requirements etc,many SEC reporting companies which dont meet those new OTCQB OTC requirements are now listed as pink current classification,causing confusion in the marketplace until people get used to the new rules.
thus, as per the OTC listed rules for pink current class available on OTC markets.com, WOLV probably needs an attorney letter with respect to current information which certifies the info provided by WOLV meets the definition of adequate current info as specified in the Securities Act of 1933.
WOLV can look at other pink current companies for an example of what is required in such an attorney current info certification letter. I would post an example of such a letter but that is not allowed-not a permissable use of such a letter.
I will post OTC's rules on this and try to find an SEC reporting co that is pink current to verify,since I cant remember one off the top of my head in the rapidly changing musical chairs known as OTC classifications.
since OTC has changed the rules for OTCQB- adding 1c min bid price and $10000/year surcharge requirements etc,many SEC reporting companies which dont meet those new OTCQB OTC requirements are now listed as pink current classification,causing confusion in the marketplace until people get used to the new rules.
thus, as per the OTC listed rules for pink current class available on OTC markets.com, WOLV probably needs an attorney letter with respect to current information which certifies the info provided by WOLV meets the definition of adequate current info as specified in the Securities Act of 1933.
WOLV can look at other pink current companies for an example of what is required in such an attorney current info certification letter. I would post an example of such a letter but that is not allowed-not a permissable use of such a letter.
I will post OTC's rules on this and try to find an SEC reporting co that is pink current to verify,since I cant remember one off the top of my head in the rapidly changing musical chairs known as OTC classifications.
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