Friday, September 03, 2021 10:29:02 AM
The new 15(c)211 rules basically states that a broker cannot quote a security unless they are "current" in their reporting obligations. The tricky part is that the SEC defines "current" as '.. having financial data available within 12 months and three days of a quotation."
Since NPHC filed their 3rd quarter of 2020 - they are now within that timeframe and are considered "current" as far as the 15(c)211 rules are concerned.
The OTC Markets want them to be fully current to get the CE off the symbol. That should be soon based on the emails from the company. I'm hoping that the 2020 10K comes out today before the long weekend and then the last two quarterlies should be quick.
JMHO - GLTYA
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