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Have a good weekend! It'll start picking up next.....
not the start to the year i was hoping for
NAFS - just found this from Tuesday - https://www.einnews.com/pr_news/689860027/nafs-hrc-company-provides-corporate-update-and-initial-2024-outlook
Your welcome
Annual report is due end of March, 90 days after end of year...quarterly reports are due 45 days after end of quarter
https://www.otcmarkets.com/files/Pink_Market_Filing_Guide.pdf#:~:text=Quarterly%20Report%3A%205%20business%20days%20from%20the%20original,from%20the%20original%20due%20date%20of%20the%20report
NAFS SECURITY DETAILS
Share Structure
Market Cap Market Cap
382,495
02/02/2024
Authorized Shares
800,000,000
02/05/2024
Outstanding Shares
637,490,956
02/05/2024
Restricted
206,045,491
02/05/2024
Unrestricted
431,445,465
02/05/2024
Held at DTC
424,332,495
02/05/2024
Doesn't get much better than this
Yeah, they need to let that one breathe a bit.
That is a good update. I don't remember seeing it either. Tiny S/S as well, only 431 mil unrestricted...
NAFS .0005x.0006 just caught a bid
Me too. Time to drop a zero
ASII trying to breakout here
ASII volume .0006x.0007
Maybe February being the shortest month of the year the trend will reverse...lol
ASII volume surge, uptick .0005x.0006
ASII catching volume again, uptick. .0005x.0006
Quite a bit of sideways volume on multiple tickers last week or two…feeling like loading before the party starts…
I’m guessing you’re not familiar with the phrase “Volume before Price”.
Right or wrong I added 5’s
Continued higher highs followed by higher lows since we bottomed last year.
Very nice S/S for the pps especially…
Good morning, Back to Pink Current!
Your welcome,
Thats how I read it, OTCQX, OTCQB, and Pink Sheets are not considered NMS Securities.
I don't even want to think about what that would do to the OTC, last couple years been tough enough...lol
Section 4. Broker-Dealer Recordkeeping and Reporting
Question 4.1: Do the recordkeeping and reporting requirements of Rule 13h-1 apply only to NMS securities?
Answer: Yes.
https://www.sec.gov/divisions/marketreg/large-trader-faqs
NMS vs. Other OTC
NASDAQ is the highest of four levels of over-the-counter (OTC) trading where companies must meet specific criteria of capitalization, profitability, and trading activity. Also, NASDAQ provides more comprehensive intraday trading information that is available for the lower levels of OTC stocks. Information includes last-sale prices, daily high and low prices, cumulative volume, and bid and ask quotes. Here, market makers must report actual transacted prices and share sizes within 90 seconds of the transaction. This requirement contrasts with the non-real-time reporting for non-NMS, lower tier OTC stocks.
The NASDAQ, while still a decentralized system for over-the-counter stock trading, is a virtual exchange with all the regulations, requirements, and safeguards that come with clearing houses. Other OTC markets have considerably fewer rules and safeguards.
OTC markets break down into three tiers, called the OTCQX, OTCQB, and Pink Sheets. Listing requirements decrease with each level. Also, all of these markets are less stringent than exchanges covered by the National Market System.
https://www.investopedia.com/terms/n/nms.asp
Have you spoken with Ken recently?
Their late filing q3 report. Same situation as was with q2 report.
https://www.otcmarkets.com/stock/ASII/overview
Grace Period
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.
https://www.otcmarkets.com/glossary#grace-period
Grace period back on here...I had been checking almost daily but havent since late last week...I believe this to be day one or two of the 15 days...
https://www.otcmarkets.com/stock/ASII/security
Happy New Year!
You as well rich! Merry Christmas all
Nice one!
https://www.otcmarkets.com/otcapi/company/financial-report/389219/content
Page 11 on the first half and last page of the filing itself
It is crazy how many tickers have a market cap under a mil, many of which are at or under 500k....I dont have enough darts...lol
any good end of year deals out there? I was watching one i liked but then they decided not to file Q3 report so still just watching with a small starter...
Be nice to see a filing this week
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