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Re: janice shell post# 88002

Friday, 05/08/2015 1:40:33 AM

Friday, May 08, 2015 1:40:33 AM

Post# of 222016
OK, so it is starting to make a bit more sense now...

...but based on your understanding, would it be correct to say that there is still the possibility (even likelihood) that SCRC may get moved from the "OTC Pink Limited Info" tier to "OTC Pink No Info" tier if it continues to have an unfiled 10K? But that we simply do not know what the exact triggers/conditions/timelines are for when this would occur?

...and based on your understanding, given that SCRC is a SEC registrant, would continued failure to file a 10K put SCRC at risk of being moved to the greys? If so, how late does the SEC permit registrants to be before moving them to the greys?

Appreciate your patience on this one, janice!!!

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