EXLA Resources Inc. (EXLA)

[3CTraderIsBack]

Same thought on opening a Tradestation account! And I agree, they are missing something, that is why I keep posting the requirements. I am sure they know what the issue is. Hope you hear back!!

Limited Information

Companies with Limited Information status on OTC Markets are delineated by a “yield” sign and post some financial and basic information on the company on the OTC Markets website, but either do not report to the SEC or do not include enough information to satisfy the Current Information requirements. The following minimum disclosure is required to maintain Limited Information status:

Maintain quarterly and annual reports that are no older than 6 months and that include a balance sheet, income statement and total number of issued and outstanding shares;
Financial statements must be prepared in accordance with GAAP; and
The company profile page on OTC Markets must be current and accurate.
In addition, to maintain Limited information status, a company must subscribe to the OTC Disclosure & News Service with an annual fee of $4,200 and a one-time set-up fee of $500.