You are correct, rstar. New foreign issuers that are cleared by FINRA to be on the U.S. OTC must remain on the Grey Market until the company obtains a Market Maker sponsor via FORM 211 to FINRA.
It's merely routine for foreign Issuers and should be accomplished in due time.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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