Bad examples.... you obviously know that the blue chips are a different animal all together...they will fine the company and then its business as usual because the stakes are way higher in the big leagues. The OTCBB...is different in that The SEC sees them as the scum of the earth and would love for them to die off and never be heard of again. They would love to just turn there heads and POOF!...there goes the Pinks!...but they have been getting a lot of heat from above to start shutting OTCBB shells down and therefore they are requiring all the shells to file Qs and or Ks ...or you get kicked to the grey market......so if there is enough smoke they will shut it down and they will fine Jimmy and Jimmy will probably not be allowed to hold a position in ANY public companies. That's the new school....