Southcorp Capital Inc (STHC)

[chemist72]

Here's an example. An OTC with a stop sign posted 3 Q's and an annual OTC disclosure on 12/8/20 (all very late; the annual was for 2020 which ended 6/30/20). Two days later OTC Markets took down the stop sign and replaced it with a yield sign. Why the yield sign? Probably because they are now late with their Q1 for 2021 (Q1 2021 for this OTC company ended 9/30/2020) and also they haven't filed an attorney's letter yet.

Like I said, just one example of how long it takes to "upgrade" from a stop sign once financials are disclosed.

You can find a brief description of OTC Pink listing guidelines at the link below:

https://www.otcmarkets.com/corporate-services/information-for-pink-companies