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Alias Born | 03/07/2014 |
Monday, April 12, 2021 10:03:35 AM
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.
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