Southcorp Capital Inc (STHC)

[SooS416]

The OTC would need the paperwork to give new managment OTCIQ access that would allow them to update their profile and upload filings

OTC markets does not update any profile info themselves and OTC has nothing to do with name/symbol changes that is all handled by FINRA

But yes, they would need to discharge papers showing the approve ownership change to give Mark the IQ access needed to update the profile.

So we are talking not a long time, Mark probably got the paperwork sometime around 12/15 give or take and then perhaps submitted the paperwork to OTC markets.

OTC markets normally takes 2-3 weeks to process the paperwork and grant access, but with the end of December often being slow with many people on leave and things slowing down I would not be surprised if much of anything happened with the OTC during that period.

So people just expect way too much too fast without knowing the process involved and discounting how things slow down around the end of the year.