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Re: None

Friday, 08/02/2019 11:38:53 PM

Friday, August 02, 2019 11:38:53 PM

Post# of 1150
“Q. How does a company obtain a ticker symbol after filing a registration statement on Form 10?

A. FINRA assigns ticker symbols and the company must meet FINRA requirements which vary depending upon whether the company will trade on the OTCMarkets Pink Sheets, OTCQB. OTCQX or an exchange such as NASDAQ, AMEX or NYSE. Generally, among other things, the Company must have 25 shareholders with unrestricted shares and locate a sponsoring market maker to submit a Form 211 on its behalf.”
Must file a form 10 with assets over 10mil.


While not a shell at the moment, i can imagine requirements still being that all reports up to the previous 12 months need to be filed.

“Does a Form 10 registration statement cure “public shell company” status for purposes of Rule 144 for an issuer which engaged in a reverse merger with a public shell?

A. A Form 10 registration status can cure public shell company status and has been used by many companies after reverse mergers. Rule 144 is available to shareholders of former shell companies if:

? the company is no longer a shell company;

? the shell company must be subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act;

? the shell company must have filed all reports and other materials required to be filed by section 13 or 15(d) of the Exchange Act, as applicable, during the preceding 12 months (or for such shorter period that the issuer was required to file such reports and materials), other than Form 8-K “

I’m always open to being wrong on these details.
Also, i think this opportunity will bring great wealth to the small number of shareholders this year.