I don't think that will happen, because they actually have until September 28th to provide current information to the public. It just states that they should provide the required disclosure by June 30th., so they have sufficient time to review it before the September deadline.
Although, I would think that any company that is serious about getting current would want to have the required disclosure submitted by June 30th.
Impacted Pink companies should provide the required disclosure to OTC Markets by June 30th. This will ensure that our Issuer Compliance Team has sufficient time to review and update market status for companies prior to the rule’s compliance date on September 28th. Securities that do not meet the Rule’s disclosure standard will have their public quotes removed from Pink as of the September deadline.
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