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Re: flptrnkng post# 303775

Wednesday, 05/22/2019 6:47:45 AM

Wednesday, May 22, 2019 6:47:45 AM

Post# of 312014
The prepayment of an Annual fee may be an issue for OTCM...the prospect of giving money back could be hard for them to wrap their heads around. But the rule is pretty clear. Except for a magic word.

OTC Markets Group may remove the Company’s securities from trading on the OTCQB market
for the Company’s failure to meet the requirements set forth in Section 2 of these OTCQB
Standards or any other obligations under these OTCQB Standards, which determination shall
be made by OTC Markets Group in its sole and absolute discretion, unless such failure is cured
within the time frames set forth below:
a. Filing Delinquency. Companies delinquent in their filings are granted a cure period of 45
calendar days from the original due date set forth in Section 2.2 (2);

AND

OTC Markets Group may, in its sole and absolute discretion, provide additional time to cure,
provided, however, that to remain on OTCQB a Company must at all times have on file audited
financials dated within the prior 18 months as required to qualify for the Blue Sky securities
secondary trading exemptions described in Section 2.2(5) of these OTCQB Standards.

https://www.otcmarkets.com/files/otcqb_standards.pdf



FWIW....and with the words "may" and "discretion" and the Blue Sky exemption reference in the Rules it may not be worth much much....there are audited 12/31/17 statements on the record. MAYBE OTCM thinks they can let them slide until 6/30. They obviously feel that they can do what they like with their tiers. And owe no courtesy to those who inquire about any issue they have with them.

But can it core A apple?
Yes Ralph, of course it can core A apple.