Tuesday, August 23, 2016 8:05:20 PM
The SEC is a governmental regulatory body. They set the rules and regulations for public companies and national exchanges. Many companies file their reports with the SEC, but some don't. The ones that don't are called "non-filers." It's a fairly commonly used term, and most people understand what it means.
This POS scam deregistered with the SEC in 2009. They haven't filed since. They are a non-filing company.
OTC Markets is a "for profit" company that does nothing more than disseminate information from the companies that pay it to do so. They have no regulatory power, they don't "approve" a company's PRs.
This POS scam does not file reports with the SEC. It occasionally has OTC Markets release PR for them - a service it pays OTC Markets to do.
OTC Markets does not review whatever the company sends them. They simply publish it.
The SEC reviews a company's filings in detail.
This POS scam is not an SEC filer.
Hope that made things a bit clearer.
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