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Re: funnyG986 post# 5290

Thursday, 08/25/2016 10:50:43 AM

Thursday, August 25, 2016 10:50:43 AM

Post# of 7331
That's not good.

"E" Added To Stock Ticker Symbol

When a company that trades on the Nasdaq Stock Market or the Over-the-Counter Bulletin Board (OTCBB) falls behind in its reporting obligations with the SEC, the letter "E" is appended at the end of the company's stock ticker symbol. New York Stock Exchange-listed companies that are late in filing required reports to the SEC have the initials "LF" added to the end of their stock ticker symbol.

Markets have different approaches to companies that don't file required reports in a timely manner, or that file incomplete reports. For instance, on the OTCBB, after the "E" is added, the company is given a "grace period" to submit a complete report, typically 30 calendar days for U.S. companies and 60 calendar days for most U.S. banks and non-U.S. companies. If the company files complete required reports during the grace period, the "E" will be removed; if it does not, the company's stock symbol will be removed from trading on the OTCBB. For more information, please read the following:

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!

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