RESPONSE TO ALL THESE SEC DELINQUENT POSTS
Thank you for posting that link. Now I can put this issue to bed...
Here's an excerpt from that link:
"NOTE: Delinquent SEC Filers (ie., no current Financials) are usually sent from the SEC reporting OTCBB to the non-reporting OTC Markets. It is imperative to differentiate between delinquent SEC Filers on the OTC from the non-reporting stocks on the OTC. Even if an SEC Filer submits Financials to OTC Markets but has not filed Financials to the SEC for an extended period of time those stocks WILL eventually be suspended and thereafter have their stock registrations REVOKED!! The first due diligence on any OTC stock is to check with EDGAR to see if that stock is registered with the SEC and if the stock is a delinquent SEC Filer. If a stock is a severely delinquent SEC Filer DO NOT BUY THAT STOCK under any circumstances, exampled by the 1290 delinquent filers that were suspended or ordered by an SEC Admin Proceeding to file Financials and were subsequently revoked."
This is what i've been trying to tell everyone screaming about this stupid SEC delinquent crap. XCLK is a PINK. It's not on the OTCBB. This gives XCLK MUCH MORE leniency in their issuance of financials.
Also, even if it were on the OTCBB, they would have A LOT of time before being considered "Severely Delinquent"
The SEC would review the company and see what's going on before taking a drastic measure of destroying the equity make up of a company. They would see that they are issuing 8-ks notifying the public that they are working on it, discuss with management, and go from there.
This needs to be put to bed, 10-k coming soon per announcements, this will not be revoked, not unless the company goes dark for months on end.
Pred
