I would say Yes & That I'm not sure of, one would think if they provide all the required docs then they could move back up to Pink or higher. But I don't really know.
Here is a filing they put into the SEC in Dec for the Expert Market.
Request for Exemptive Relief under Section 36 of the Exchange Act and Amended Rule 15c2-11(g)
Everything I post is from my own DD and in no way is a recommendation to buy or sell a stock. Please do your own DD and decide if this stock is right for you. Thank you and good trading.