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Re: TheDane post# 79522

Monday, 11/24/2014 7:55:53 PM

Monday, November 24, 2014 7:55:53 PM

Post# of 405212
From an earlier post:

I called the OTC and got the following (paraphrased).

Me: "I own a stock, symbol CTIX, and noticed it went from OTCQB to OTC pink can you tell me why? "
OTC : "We made some changes which required submitting a new application. It looks like CTIX did not submit an application."
Me:"Were there new fees attached?"
OTC: "Yes $10,000 for new applications and $7,500 for current QB renewal. There were 90 days to renew and CTIX simply did not file to renew"
Me: "Thanks"

The signs read "Don't feed the Bears" I think they mean don't even feed them small things. CTIX was OTCQB before so I think it should give them the benefit of the doubt though.
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