Maybe Dream Chaser could post his knowledge on thi

Maybe Dream Chaser could post his knowledge on this matter.

My understanding if a company is designated a "Shell Risk" by OTC Markets it has 18 months to successfully regain the use of the piggyback exception. Does anyone recall when UNVC was labeled a "Shell Risk"

I don't think it hurts in being listed on the OTCID, but it could if David was looking to move up to the 2nd tier "OTCQB" as was mentioned in another post.

The “shell risk” designation that occasionally appears on a company’s quote page is different. As part of its ongoing review, OTC Markets may label a company with a shell risk flag, indicating a potential risk of shell company characteristics. The designation does not necessarily mean that the company has self-identified as a shell (that would result in a firm shell flag, not a “shell risk” one). The shell risk review evaluates factors like asset composition, operational expenditures, and income-related metrics. When a company receives a shell risk flag, in order to successfully regain the piggyback exception, the onus is on the company to prove that they are no longer a shell company and meet the criteria required by OTC Markets or a broker-dealer.