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Re: None

Wednesday, 05/03/2017 10:23:04 AM

Wednesday, May 03, 2017 10:23:04 AM

Post# of 11618
> Good Morning:
>
> Following up on the "dark or defunct" status. I spoke with Byron at OTC Markets and the process for removing "dark or defunct" is much less onerous than one might expect.
>
>
> --Cost: $1,000/one-time + $5,000/annually
>
> --Step One: "A company may provide disclosure through...the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service. (https://www.otcmarkets.com/marketplaces/otc-pink)
>
> --Step Two: Forms & Guides (https://www.otciq.com)
>
>
> Syncora financials are consistently posted and audited annually by PWC. Clearly the company places a high priority on timely, accurate, and independently reviewed financial reporting. Unfortunately this priority is unknown to those who use OTC Markets as part of their due diligence process.

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