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Re: RIPHarambe post# 33748

Friday, 10/21/2016 4:21:49 PM

Friday, October 21, 2016 4:21:49 PM

Post# of 67163
I emailed OTC markets asking why, in light of the recent filings, EGOH was still showing the STOP sign (and considered Dark or Defunct). Their answer was that the financials are for periods older than 6 months.

So ... if EGOH wants to remove the STOP sign, it will have to get more caught up, at least through the quarter ending Apr '16 (since the last quarter ended Jan 31, 2016). That would be the next filing. But October is almost over. If they don't file before the end of the month, filing the April '16 quarter won't make them less than 6 months behind. The next quarter end is July 31, so they'd have to file that as well.

What I didn't ask is what happens if any OTC pink stock falls 6 months behind. Does it automatically get the stop sign? Or is the 6 months only for getting rid of the STOP sign?

If they do get current, perhaps then they can reverse split to 'increase shareholder value' (for the next bunch of convertible note holders only).

Too bad the new website doesn't have anything of substance on it, like actual products. They claim:

"Pure Digital Technology has developed a Medical/Research Grade, High-Performance-Cluster (HPC), that scales to the future and beyond."

but as an LLC, PDT has only existed for a month, and there are no pictures or specs of the actual product.
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