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Re: Protato post# 44505

Monday, 04/12/2021 10:03:35 AM

Monday, April 12, 2021 10:03:35 AM

Post# of 70331

AZFL = submitted filings last Wednesday and attorney opinion letter Thursday. They are still stop sign right now, not even Yield. Watching that one and some others closely to determine how long OTC markets is taking to verify pink.

Even if they dropped all filings today, the attorney letter wouldn’t be posted until tomorrow, maybe Friday at the earliest for current? Likely next week.



Yepper- EXACTLY !!

I've been trying to tell people this reality- there's a high probability that INND has already submitted information to the OTC MARKETS site- but it is THE OTC SITE WHO IS SLooooow as dried dirt right now !

The CEO has been EMPHATIC, "WE ARE GETTING PINK CURRENT" and we've hired people such as a Sr in-house accountant and are "DOING ALL THE FILINGS AS WE SPEAK" blah blah- he can NOT say that w/o tremendous legal liabilities and implications.


Moreover, the INND CEO CAN NOT say, "HEY, it's the OTC PEOPLE holding up our filings" or similar. THAT would be disclosing material info and seen as "promotion" against OTC rules - he has to be silent UNTIL "POOF" the filings appear on the OTC site.

It's just the way it "works" or does not work well - unfortunately.

BUT THEY WILL BE "PINK CURRENT" and CEO said NOT MONTHS but "A WEEK OR TWO to literally DAYS" meaning he can not predict the OTC review process and time to load their filings, etc

Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.