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Monday, June 22, 2015 10:12:38 AM
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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 1361 delinquent filers that were suspended or ordered by an SEC Admin Proceeding to file Financials and were subsequently revoked.
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