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Re: DallasInvest post# 41871

Sunday, 06/20/2021 1:33:05 PM

Sunday, June 20, 2021 1:33:05 PM

Post# of 45860
This link does a pretty good job. They have to meet the OTC guideline for being quoted. They would need to file to change their reporting tier and get audits for 2 years which at this point is impossible costly and pointless. Even if they did that the OTC June 30th warning is based on the OTC still needing to review whatever they decide to provide on whatever level they decide, to make sure it’s deemed to be Quotable on the OTC exchange. They have no revs for the last 2 years and would just need to explain that in a section of the 10Q-K. Fastest, smartest, and easiest way to do that. My assumption is that is what they will do since that would include 2019 to current and the last 10q stated the same for 2017-2018.

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/sec-overhauled-rule-determining-companies-125000481.html