Thursday, July 30, 2015 11:35:06 AM
"OTC Markets Group may remove the Company’s securities from trading on the OTCQB marketplace for the Company’s failure to meet the requirements set forth in Section 2 of these OTCQB Standards or any other obligations under these OTCQB Standards, which determination shall be made by OTC Markets Group in its sole and absolute discretion, unless such failure is cured within 30 calendar days after OTC Markets Group gives the Company notice of such failure.*** OTC Markets Group may, in its sole and absolute discretion, provide additional time to cure.
In the event the Company regains compliance with requirements under Section 2 of these OTCQB Standards, OTC Markets Group may, in its sole and absolute discretion, readmit the Company to the OTCQB marketplace under the following conditions:"
Been playing OTC stocks a good little while tell me the last time a reporting company blew through regular deadline, extension deadline, and written warning deadline, get delisted, and have it work out for the company and shareholders??? Never seen it! It isn't a viable strategy IMO which is why nobody does it. Oh yeah, don't worry the fins and coming stop being an alarmist etc how many red flags do you need at best they got some explaining to do!
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