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Re: 1manband post# 190209

Thursday, 08/26/2021 8:59:40 PM

Thursday, August 26, 2021 8:59:40 PM

Post# of 222573
Here is your answer.

You posted:

You are wrong. That is not how it works. As I have explained, the SEC doesn't pay any attention to what companies do or don't do with OTC Markets. It has ZERO bearing on the actual compliance.

If your case if true then why is the OTC setting the rules to be complaint? The SEC rule requires certain things a company must do correct but those THINGS is dictated by the OTC as in the webinair they are in FULL control of those requirements.

The SEC wants companies to be transparent and to do that you file with the OTC NOT Finra or the SEC but to the OTC. So saying the OTC is not part of the process you are again mistaken.

If you file all the correct (SEC required) documents even if they are horrible (no revenue, millions in debt, billion of shares in the float) as long as you tell investors they will likely lose money they are SEC compliant.

You keep saying the OTC is not really part of 15c211? Its 100% the part that is needed to BE 15c211 compliant. With out the OTC and the fees you can NEVER BE compliant.

That is ONE fact you cannot dispute. 15c211 is about $$$$$$


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