Mike The Pike Productions Inc (MIKP)

[wadirum1]

Apparently my explanation reflects OTC's hopes for how this is going to work out.

Janice Shell is usually right, and she is apparently saying that OTC is NOT going to get what it wants. The OTC's expert market seems to be in limbo (or doomed), and FINRA isn't willing to cede very much control to OTC for admitting companies from expert/grey back to quoted pink current.

THAT BEING SAID, the Sept 28 deadline is going to cause MANY companies to go to expert or grey, and the fact that it isn't sorted out yet which they are going to or how they are going to get back is a good thing. There will have to be an expedited way for companies that miss a filing or two to get back onto pink current now that SEC/OTC is cracking down on booting so many off.

I think there will be a way established that isn't the virtual impossibility of what FINRA currently has set up.