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Re: SPtrades post# 59726

Thursday, 03/22/2018 12:47:17 PM

Thursday, March 22, 2018 12:47:17 PM

Post# of 61041
Depends on their auditor,
and how complete their financials are,but if they get started right away, still looking at 6-8 weeks minimum, stock can still trade on the greys after they lift the suspension, then when all is approved, their new market maker will have control of stock for 30 days (20 trading days)and then other mm's will be able to 'piggyback' on company mm's 15c2-11 form that they submit.
If I was EFLN management, would do it to force accounting of shorts, naked or otherwise. Going fully reporting OTCBB stops a lot of headaches left over from the previous management that Slavo has had to deal with, plus it is better for shareholders too.