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Friday, January 26, 2018 3:03:31 PM
Thank you for your emails and we apologize for our delay in getting back to you. We appreciate you bringing all of this information to our attention.
I can confirm Sauer Energy, Inc. (SENY) became deficient under our OTCQB Standards with respect to its closing bid price on December 18, 2017. Per those standards, the company has 90 days to cure its deficiency before it would be removed from this market. Please also note that in the event the company's closing bid price falls below $.001 at any time for five consecutive trading days, the company will be immediately removed from OTCQB.
Regarding the other matters you raised, we will certainly look into the company's unresolved comments from the SEC and its obligations under our OTCQB Standards to file adequate and timely disclosure of material events and insider transactions. To the extent that these issues affect their eligibility with the OTCQB Standards, we will consider appropriate action.
Lastly, one of your emails from yesterday claims the company was being promoted. If you could please forward copies of any promotional materials regarding the company, that would be greatly appreciated. You may send any such materials directly to me, or to our reporting inbox (ReportPromotion@otcmarkets.com).
Do not hesitate to contact me with any additional questions or information.
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