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Re: Welcome2Pinkyland post# 51776

Wednesday, 12/17/2014 9:16:15 PM

Wednesday, December 17, 2014 9:16:15 PM

Post# of 111920
The new 30 day .01 bid rule doesn't apply until 120 days after the end of the fiscal year. VPOR is staying in the OTCQB.

Looks like VPOR has until April 1, 2015 to trade over .01. The fiscal year end date for VPOR is 12/31/14.

"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.

Companies with a March 31, 2014 FYE will be the first group of current OTCQB companies subject to the new requirements and will be required to comply with the new OTCQB standards by July 31, 2014. The rollout will be complete when the last group of current OTCQB companies with a FYE of March 30, 2014 is required to comply on July 30, 2015."

http://www.otcmarkets.com/content/doc/otcqb-fact-sheet.pdf