Thursday, October 01, 2020 7:12:44 PM
OTCM has tiered status so investors, who understand the qualifications and requirements for the tiers, can make better informed choices. From Pink to QB to QX etc. You can be booted from the tiers by not keeping up with the requirements, happens all the time.
VRUS, like other tickers, were given a relief period by OTCM because of the pandemic, given more time to file qs/ks. Also to cure any deficiencies. Says they will give more time case by case, so VRUS does have some convincing to do.
As for printing shares, note agreements from months ago does not equal out to printing out shares by VRUS. They have no say in how and why the holders decide to do what. Them having the PPS staying steady with billions hitting the market shows something is up.. They would need an army of people just hounding and hounding to find a sponge for this volume.
https://www.otcmarkets.com/files/Relief_Period_for_OTCQX_and_OTCQB_Companies_Adversely_Impacted_by_COVID-19_Expires_June_30_2020.pdf
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