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Re: Jamis1 post# 61639

Friday, 11/17/2017 12:30:18 PM

Friday, November 17, 2017 12:30:18 PM

Post# of 104561
As long as nothing significant goes on with the stock price, we could go on for weeks, months or even years without a filing and continue trading. If you are a DOW or Nasdaq stock the deadlines are tightly followed. For the OTC, not really. We become a zombie stock that usually continues on unless we attract attention. If the price goes up rapidly, the stock could get shut down but barring that, we are under ths radar and no one really cares.

From the Washington Post:

"About 1,200 companies are delinquent by more than a year, according to the SEC. But it takes time and effort for the SEC to stop the trading in these companies’ shares, even if they are on regulators’ radar."
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