Well Power Inc. (fka WPWR)

[ChemistGuy]

Its pretty obvious why no required quarterly filing has been made.
To remain on OTCQB on an ongoing basis, the share price MUST be 0.01 for at least one of every 30 calendar days. WPWR hasn't been at that level since early April. Seems like the only way they can get there quickly is via R/S.


From OTC Markets website
Requirements by Reporting Standards

SEC Reporting Companies

Initial Requirements

Meet an initial minimum bid price test of $0.01 as of close of business for each of the previous 30 calendar days
Complete and submit OTCQB application and applicable fees
Be current in all periodic reporting requirements on EDGAR (or for companies not required to file on EDGAR, post SEC disclosure on the OTC Markets website)
Post on the OTC Markets website:
OTCQB Initial Certification (see below for details on Certification requirements

Ongoing Requirements

Meet an ongoing bid price test of $0.01 as of the close of business for at least one of every 30 calendar days
Post current SEC disclosure on EDGAR, or for companies that do not file on EDGAR, post current SEC disclosure on the OTC Markets website
Post on the OTC Markets website
OTCQB Annual Certification