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Re: oilsleuth post# 99259

Monday, 06/14/2021 5:38:47 PM

Monday, June 14, 2021 5:38:47 PM

Post# of 100712
Some pertinent passages are:

The amended Rule, which will be applicable in September 2021, will require OTC-traded companies to make current disclosure publicly available in order to have a publicly quoted market.

Companies will now be required to publish current information in order to be publicly quoted on OTC Link ATS.

While the disclosure rules for companies on these markets are not expected to change materially, the new rule introduces certain restrictions on public quoting, including those for shells and other non-operational companies that may apply to certain companies currently quoted on the OTCQB or Pink markets.

Companies that are designated as “Pink No Information” or otherwise fail to provide current information as required by the Rule will no longer be eligible for public quoting, subject to certain limited exceptions (for example, certain quotations submitted on an “unsolicited” basis).

OTC Link LLC, our broker-dealer subscribers, and companies quoted on our markets, must comply with the new, amended rule before the September 26, 2021 compliance date.

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The Open Road goes to the used car lot.