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Re: MK1998 post# 5123

Tuesday, 04/15/2014 6:21:20 PM

Tuesday, April 15, 2014 6:21:20 PM

Post# of 25333
Regarding May 1: http://www.otcmarkets.com/content/doc/otcqb-fact-sheet.pdf

Bid Test: All current OTCQB companies that do not meet the minimum bid test (minimum bid price of $0.01 per share as of the close of business for at least one of the previous thirty consecutive calendar days) will be removed from OTCQB beginning May 1.

Ongoing requirements being phased in:
OTC Markets will roll out the new procedures for OTCQB over the course of a year. Each company will be required to comply with the new OTCQB procedures 120 days after its Fiscal Year End(“FYE”). Companies that do not comply with the new procedures within the required timeframe will be downgraded to OTC Pink.

DOMK's fiscal year appears to end on May 31, which puts their ongoing requirements (assuming they get it up to $0.01 by the end of this month) needing to be met by the end of September.

Since we have a "GUARANTEE" in place, no one should worry.... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99923050

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