What I was referring to were the fees charged for
Post# of 9122
But it is mandatory with OTC to be current class if a company wants to run a promo (which Bret has never done) and I've seen OTC slap a ce on a noncurrent class if pps was rising substantially (at which time otc told me they had just looked at the rising chart and assumed there must have been a promo bc penny charts dont usually rise like that without a promo, even if a company has not done a promo (and the company had not).
At what point will PR's (without a promo) or other non-paid events also be considered a PR? If they cause a substantial pps rise?
I watched as you tightened up some rules in 2014-2015 (depending on a companies fiscal year)-e.g., the 10k surcharge for OTCQB plus a min bid test of 1c e.g.,which relegated many former OTCQB (OTCBB) SEC reporting companies to 'current' class'.
Btw, that term "surcharge' may imply more than otc intended- implying a 10k charge above some base charge- is 10k/year the total price for an OTCQB listing/news and disclosure service, or is it a surcharge as implied above some base price for the OTCQB listing?
And yes, last time I read OTCM's 10Q's ca 40% of its revenues were from company filings related to otcmarkets.com- I believe that was after some fees were raised.
In the limited time i had to respond to the poster I couldn't remember whether NNLX had been limited info or current class prior to 2015-thats why I asked the poster I was replying to if he remembered-based on the NNLX financials on the NNLX website I had just looked at again.
and in my post before that, I was pointing out that institutions etc bound by fiduciary duty could not invest unless a company was at least OTC 'current' class (not an OTC rule obviously, but part of fiduciary duty).
Did the previous management etc bashers,who have been banned by the ruler of this site, alert you to my post in an attempt to discredit me, (just like they try to interfere with NNLX's business relationships), or did you have a search system for posts which mention otcmarkets.com?
Yes,I've seen no evidence they were audited,but a 'limited info' otc class wouldn't require audited. In the limited time i had to respond and being tired, I wasn't thinking when I wrote they may have been limited info or current class before, bc I've looked many times on otc and there was no indication of such and such info would not have been removed from otcmarkets.com. I had just looked at NNLX website and wondered if they had posted at least otc limited info bc cash flow etc was there in addition to the basics.
your last paragraph -good to know-didnt know how far back-the 1st time I looked at otcmarkets-2009-there were only ca 25 OTCQX- and we've seen that grow exponentially- brokers I talked to didnt even know about OTCQX!
And the name for OTCQB was different (OTCBB) with changes also- including no more 6 companies with telephone service,so I've watched a lot of things change on OTC since 2009,plus I've read that before 2000 the penny market was a wild west show with little if any disclosure.