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Re: Bearslayer post# 151112

Tuesday, 04/22/2014 9:53:45 PM

Tuesday, April 22, 2014 9:53:45 PM

Post# of 157299
Bear, see my post 150969. What you posted is from the various news agencies released at end of March.

http://www.reuters.com/article/2014/03/26/otcmarkets-reforms-idUSL1N0MN13N20140326

That is what I say also, until I went to the "source" (the otcmarkets.com websites):

Changes Effective on May 1, 2014

Bid Test
All current OTCQB companies that do not meet the minimum bid test (minimum bid price of $0.01 per share as of the close of business for at least one of the previous thirty consecutive calendar days) will be removed from OTCQB beginning May 1. Click here for more information on the Bid Test.
http://www.otcmarkets.com/learn/otcqb

Bid Test: All current OTCQB companies that
do not meet the minimum bid test (minimum
bid price of $0.01 per share as of the close of
business for at least one of the previous thirty
consecutive calendar days) will be removed
from OTCQB beginning May 1 .
http://www.otcmarkets.com/content/doc/otcqb-fact-sheet.pdf

That being said, I don't think the stock has closed at a Bid price of .01 or higher yet this month though, imo.

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