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Expert Market there profile isn’t verified still
EM is still on the horizon regardless
How so? No FORM 10 yet even along with No VP = Expert Market
Thursday can’t come soon enough
FORM 10 = Pink Current Right away
Share structure change is this coming back?
?? $SRSR
??0.0001
Expert Market, AS: 950M, OS: 949M, US: 888M
Restricted Shares Updated:
?? 33,003,765 (2023-01-16)
?? 61,027,098 (2023-06-08)
Difference: +84.9% (+28M)
Unrestricted Shares Updated:
?? 916,730,787 (2023-01-16)
?? 888,707,454 (2023-06-08)
Difference: -3.1% (-28M)
Chart, OTC Profile, Twitter, @otcupdates
Update: 2023-06-08 22:31:43 (UTC)
I mean if accepted by the SEC the tier change usually happens in AH but yes there’s no saying for sure if there’s anymore comments or not
Likely Friday AH as that’s when FORM 10’s usually kick in though it could be a few extra days as well
Still no VP tsk tsk time is running out
You’re correct they just don’t want to admit it
Yep they are in complete Denial to think just posting the FORM 10 saves it from EM Lmao
That’s fair regarding the filing timeframes but exactly it needs a verified profile meaning they gotta have/get OTCIQ Access to do so which doesn’t seem like they are doing that
I’m no Rookie regarding FORM 10’s… trust me lmao
Okay time will tell I know the FORM 10 CAN make it a SEC reporter however you guys are missing the fact that it won’t be effective IMMEDIATELY
The audit will be in the FORM 10 not a 10-Q or 10-K so it’ll still take 60 days as on OTCM it’ll be labeled as “dark or defunct” and not “delinquent SEC” in two weeks time
That’s incorrect as the SEC has to review it and ask questions if necessary meaning it’ll be on EM for a bit unless they submit filings through OTCM which they said they won’t via Twitter so PC will likely be in August from the FORM 10 unless they accelerate it
Grace Period = 15 days FORM 10 = 60 days simple math here on what’s going to happen
So you’re saying this isn’t going to expert market for a bit if they just file the FORM 10?
Lol this is going to Expert Market which can destroy the share price but hey it’ll be an ideal but zone at least!
Nope this is the official definition for effectiveness for a FORM 10: Registration Statements on Form 10 (“Form 10“) become effective automatically after 60 days. Registration statements under the Securities Act only become effective after the issuer has responded to all outstanding SEC comments to the satisfaction of the SEC.
Well we need filings first before any Tier change can happen along with a verified profile
Haha so why is the grace period still present then? So you think they’re gonna re verify the profile along with unaudited fins for OTCM? They literally tweeted they aren’t gonna do that:
Regarding the rule 15c2-11 grace period designation. Because $CNNA will be SEC reporting following the Form 10 and financials there are no other obligations required to satisfy OTC Markets and have the grace period removed. This can be found in their own resource information. pic.twitter.com/uVkx7hGSM4
— CNNA (@CNNA_OTC) June 1, 2023
No he’s correct FORM 10’s don’t make you a SEC registrant automatically there’s a processing time
Yep exactly 60 days from the FORM 10 submission unless they accelerate it
I think most of you don’t know how a FORM 10 works best you look into it so you won’t be blindsided that being said I like the potential here and will likely be adding in the buy zone
OTCM? Is he trying to regain OTCIQ for filings?
How long has the grace period badge been up?
What’s the story here?
Nice close into the long weekend
Makes you think where are the filings to make this fully tradable if they have that much graphite?
Nice might see dubs before Pink Current
Any word on filings?
Well would you look at that very odd indeed timeframe wise especially since no amendment was submitted
Frank did it eh no more CE
Yes it’d be on the OTCM site and yep 60 days for Pink Current after the filing if no amendments are needed
They don’t have to wait until then it can happen at anytime once they put financials together
Yep should see a FORM 10 or OTCIQ Submission soon
Finally!
🚨 BEST NEWS FOR $LLBO 🚨 CASE IS SETTLED!!! HOLMES FAMILY WILL NOT BE RETAINING COUNSEL!!! WE WILL BE GOING CURRENT!!! Thank you @AcropolisLLC for all your Efforts! pic.twitter.com/XnKjXVJPYn
— StockRunners (@runners_stock) May 5, 2023
Any update on filings?