$SLJB - This a 100% Carey W Cooley and his attorneys and his leadership team's Custodianship and I personally do not know what the heck is going on in Carey W Cooley doing the final steps to take $SLJB to Pink Current...
At this point, I have held and waited on this $SLJB stock for a very long time and my last personal opinion here is that OTCMarkets should have made $SLJB Pink Current right after January 21, 2021 as I saw both Annual Filings and an Attorney Letter which was the EXACT same process that Carey W Cooley has done with all his other Custodianships that easily have gone Pink Current like $AVVH.
(I am a NOBODY when it comes to $SLJB in my honest opinion and I don't know anything about anything with Carey W Cooley and his great team of Attorneys and great and amazing senior Partners).
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Below appears to be SOME IMPORTANT information for Carey W Cooley and his leadership team(s) that I have read about going Pink Current with whatever stocks including $SLJB that they are trying to quickly get to Pink Current.
otcmarkets.com -> When Does Caveat Emptor Get Removed?
Facts and circumstances may differ, however generally, OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern. The Caveat Emptor designation is typically not removed within the first 30 days. During the time it is labeled Caveat Emptor, any stock that is not in Pink Current Information will also have its quotes blocked on www.otcmarkets.com.
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The upcoming implementation of amended SEC Rule 15c2-11 will require that all companies quoted on our markets must disclose current information on a continuous basis, effective September 28, 2021.
Pink companies will need to update their disclosure to ensure they comply with the new requirements.
Alternative Reporting Companies: OTC Markets has updated the Disclosure Guidelines for Alternative Reporting Companies to include all the information required under amended Rule 15c2-11. Companies must follow the Guidelines to be designated “Current Information” or “Limited Information” and remain publicly quoted.
Bank Reporting Companies: OTC Markets has created new Disclosure Guidelines for Bank Reporting Companies to include all the information required under amended Rule 15c2-11. Banks and bank holding companies must follow these Guidelines to be designated “Current Information” or “Limited Information” and remain publicly quoted.
International Reporting Companies: Companies that are current in their periodic disclosure and are listed on a Qualified Foreign Exchange that requires disclosure in English will remain in compliance and may continue to be publicly quoted. Other international companies seeking to ensure their ongoing compliance may publish their disclosure directly to OTC Markets for review.
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 28, 2021 deadline.
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To remain qualified for the Pink Current Information tier, reports must be posted in accordance with the below deadlines.
Quarterly Report: 45 days from Period End Date
Annual Report: 90 days from Period End Date
Attorney Letter: 120 days from Fiscal Year End Date
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Good luck to all of us $SLJB Shareholders, $AVVH Shareholders, $FBCD Shareholders, $IFAN shareholders, etc... , Carey W Cooley and his Attorneys and Leadership teams... You all are amazing even though all of my stock Penny stock investments money is in $SLJB...
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