Strake Inc (SRKE)

[J-Dawg2021]

here is a breakdown of the process....

OTC Markets Filing Guide


Processing Times

Disclosure Documents and Attorney Letter Reviews
• Disclosure documents are generally reviewed within three to five business days of being posted
to www.otcmarkets.com. However, these time frames are subject to change during busy filing periods
• Once the report has been filed through OTCIQ, the Compliance Department will receive a
notification and will reach out with any outstanding comments
OTCIQ Order Form (Disclosure & News Service) Application
• Processing times vary, though applications can be approved within five business days of
submission. This process can take longer depending on the circumstances of a specific
application and volume of received applications.
Payment
• Credit Card payments will be processed in one to three days.
• Check payments will be processed in one to three weeks.
• Wire or ACH payments will be processed in one to three days.


OTCIQ Account Information Subscribe

• OTCIQ Order Form (Disclosure & News Service)
• Processing times vary, though applications can be approved within five business days of
submission. This process can take longer depending on the circumstances of a specific
application and volume of received applications.
Can’t Login to OTCIQ?
• If the account is inactive for fewer than 30 days, once the outstanding fee is paid, the account
will be made active
• If the account is inactive for more than 30 days, the Issuer must submit a new OTCIQ Order
Form (Disclosure & News Service)
Change Authorized Users
• Add a new OTCIQ user, or replace a current user with a new one: User Change Request Form.
• If the company has undergone a Change in Control Event, then a new OTCIQ Order Form
(Disclosure & News Service) is required
• Change in Control shall mean any events resulting in:
o Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act)
becoming the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly
or indirectly, of securities of the Company representing fifty percent (50%) or more of
the total voting power represented by the Company’s then outstanding voting
securities;
o The consummation of the sale or disposition by the Company of all or substantially all of
the Company’s assets;
o A change in the composition of the Board occurring within a two (2)-year period, as a
result of which fewer than a majority of the directors are directors immediately prior to
such change; or
o The consummation of a merger or consolidation of the Company with any other
corporation, other than a merger or consolidation which would result in the voting
securities of the Company outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into voting securities
of the surviving entity or its parent) at least fifty percent (50%) of the total voting power
represented by the voting securities of the Company or such surviving entity or its
parent outstanding immediately after such merger or consolidation.