U.S Fuel Corp. (fka USFF)

[enthalpy]

Timeline

While there is no set timeline in obtaining Form 211 approval, the process is similar to the registration process with the SEC although typically shorter in duration. The market maker must submit the Form 211 application to which FINRA will respond with comments typically in seven to 10 business days. The market maker works with the issuer to craft responses until the market maker and FINRA are satisfied that all requirements have been met. Once satisfied, FINRA will fax a letter to the market maker indicating the market maker is approved to submit the quotation for the securities. On average, if the application is prepared well and the market maker receives all of the required documentation, the company can expect to go through two to three more rounds of comments from FINRA in the case of an OTCBB listing (four to five rounds for Pink Sheets listings). This equates to roughly 45 to 60 days to obtain FINRA approval.