Solei Systems Inc. (fka SOLI)

[drifter]

My understanding of what happens next

Once the Judge signed off the company needs to send a copy of that judgement to their transfer agent and officially request the shares be cancelled.

The transfer agent has a process for this and time frame varies by a few days from one agent to another. In my experience the most common time frame is 3 or 4 business days from when they receive the request from Solei.

Once the transfer agent notifies the company the shares have been cancelled the company can then request the MM file form 211. (We may see an 8k filed at this point concerning cancelled 12M shares but maybe not) I would expect to see SOLI on the daily list maybe 2 or 3 days after the request to the MM.

Most of this happens behind the scenes we may see the share numbers reduced or we may see an 8k or may see SOLI on the daily list as our first piece of info.

We will begin trading on the OTCQB the day after we are on the daily list and will have a bid and ask and level 2. I expect our first PR that first trading day and not before.

Things of this nature ALWAYS take longer than we shareholders want, but we should be getting close now.

Did I leave anything out?
Did I get anything wrong?

Hope this helps some understand what we are waiting on and why it does not happen as fast as we want. (we want it yesterday)