Red Cat Holdings Inc (RCAT)

[Bohdmeist]

The stock hasn't closed above a penny since apr 9....

Regarding pinky status, from the application:

2.7 Company’s Withdrawal from OTCQB. The Company upon 24 hours written notice to OTC Markets Group may withdraw its securities from the OTCQB designation at any time. In the event that the Company’s securities are no longer designated as OTCQB securities for any reason, OTC Markets Group may, in its sole and absolute discretion, determine that, the Company may continue to use any Service for which it is subscribed, subject to the terms of this Agreement, except Services reserved solely for the use of companies with securities designated as OTCQB.

When it fell below a penny, I remember reading somewhere that a company has a window of time to get back above a penny and a review after that time has passed on whether or not to extend the window or revoke the privilege of OTCQB....I dont remember where I read it but that could be the case as well...

Do your own DD...Good luck