OTC Markets rate APPZ as an OTC Pink/No Information stock, meaning that the company is not current in its reporting obligations under Section 13 or 15(d) of the Exchange Act.
OTC Markets also flags APPZ with "Delinquent SEC Reporting" and having a "Prohibited Service Provider".
On the positive side, OTC Markets also flags APPZ with having their "Transfer Agent Verified" not that much is required to have a transfer agent with a stable address and a phone line that still is in working order.
The individuals who run Monster Arts, Inc. must decide if they want to get their paperwork in order, OR if they want their share diluting gravy train to permanently dry up.
It is pretty clear that the SEC and OTC Markets and the rest of the financial industry is quite prepared to leave Monster Arts, Inc. and its APPZ ticker in the dust.
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Transfer Agent Verified
Share data displayed on www.otcmarkets.com alongside a "Transfer Agent Verified" logo has recently been verified by the company’s transfer agent as reliable and trustworthy. This data is also disseminated through OTC Markets Group's market data feeds to investors and broker-dealers.
The Transfer Agent Verified Shares Program provides investors current and reliable share data. The program enables stock transfer agents to report their clients' share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer.
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Prohibited Service Provider
The Prohibited Service Provider List includes attorneys, accountants, auditors, investor relations firms and other service providers that have been convicted of criminal activity, are subject to an SEC or Penny Stock bar, or OTC Markets Group has determined that it cannot rely on their work. Attorneys that appear on this list may not provide Attorney Letters with respect to Current Information pursuant to OTC Markets Attorney Letter Guidelines.
