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Re: RichieBoy post# 14412

Tuesday, 05/10/2011 5:08:54 PM

Tuesday, May 10, 2011 5:08:54 PM

Post# of 21195
Upgrade to Current Information:

Subscribe to the OTC Disclosure and News Service.
Post an Initial Company Information and Disclosure Statement, pursuant to Section One of the Guidelines for Providing Adequate Current Information (PDF) through the OTC Disclosure and News Service. Complete financial statements from the most recent quarter end as well as from the prior two years must be included. Financial statements must be prepared in accordance with US GAAP, but are not required to be audited.
Submit a signed Attorney Letter Agreement (first two pages of OTC Markets' Guidelines for Attorney Letters with Respect to Adequate Current Information).
Post an Attorney Letter complying with OTC Markets' Guidelines for Attorney Letters with Respect to Adequate Current Information through the OTC Disclosure and News Service.
OTC Markets will automatically be alerted to the posted Attorney Letter and within 3 to 5 business days and will:
Confirm that a signed and dated Attorney Letter Agreement has been submitted
Verify that company has met the requirements for Current Information
Move the OTC Market Tier to Current Information or contact the issuer for further information.

Ongoing requirements for Current Information:

Post subsequent Quarterly Reports pursuant to Section Two and Annual Reports pursuant to Section One of the Guidelines for Providing Adequate Current Information (PDF).
Post an Attorney Letter for each period end.
OTC Markets will automatically be alerted to the posted documents and will:
Verify that the company has posted the required Quarterly Reports within 45 days following each quarter end and Annual Reports within 90 days following each fiscal year end. Companies will be downgraded to Limited Information if reports are not posted in this timeframe.
Confirm that an Attorney Letter is posted for the period end. Companies are given an additional 30 days beyond the disclosure statement due date to post the Attorney Letter.
http://www.otcmarkets.com/companies-advisors/upgrade-otc-tier