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Thursday, 04/21/2016 12:10:25 PM

Thursday, April 21, 2016 12:10:25 PM

Post# of 17377
isn't this stock a pink sheet already?

What does the deregistration of our Common Stock mean?

Following the Transaction, we will have fewer than 300 stockholders of record, which will enable us to take action to terminate the registration of our Common Stock under the Exchange Act. Effective on and following the termination of the registration of our Common Stock under the Exchange Act, we will no longer have to file annual, quarterly and other reports with the SEC and our executive officers, directors and 10% stockholders will no longer be required to file reports relating to their transactions in our Common Stock. In addition, we will take action to delist our Common Stock from the NYSE Amex and we will no longer be subject to its rules. Any trading in our Common Stock will continue, if at all, in privately negotiated sales or in the Pink Sheets. However, trading opportunities in the Pink Sheets will be dependent upon whether any broker-dealers commit to make a market for our Common Stock, and we cannot guarantee or anticipate whether our Common Stock will be quoted in the Pink Sheets.

who told you this information about deregistration?
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