InvestorsHub Logo
Followers 11
Posts 2741
Boards Moderated 0
Alias Born 03/02/2018

Re: None

Wednesday, 09/29/2021 12:45:47 PM

Wednesday, September 29, 2021 12:45:47 PM

Post# of 64409
I emailed back and forth with Rik this morning. I asked him about his communications with OTCM with regards to the CE, then I asked him if the SEC suit has any bearing on the CE or OTCM‘s decision to keep it on or take it off.

These were his responses:

We've been on OTC Markets like white on rice. They've been very busy this week with the updated 15(c)211 issues and we were not really a priority. They asked for some additional information yesterday; which we provided immediately. We're waiting to hear back from them to see if there's anything else that they require and when we can expect the CE to come off.

Absolutely not – and a ridiculous suggestion from the paid ba**ers (my edit) on the message boards.

The SEC sued us in a civil action in September of 2018; three years ago. Our stock never stopped trading in all of that time. In April of 2019, we became delinquent in our filings and got the “Yield” sign on our symbol. Once we were delinquent for one year, we got the “Stop” sign on the symbol and remained that way through July of this year. The CE was placed on our symbol as a result of a third-party promotion that was being run on our stock by an individual shareholder. The OTC Markets felt that the promotional activity – along with our delinquent filing status – warranted a “Buyer Beware”. We had the promotional activity halted immediately and have fully complied with the requests from the OTC Markets. We have been in daily contact with surveillance at the OTC Markets and expect to have the CE off the symbol shortly.

Again – our ongoing lawsuit with the SEC has nothing to do with the placement of the CE on our symbol and will have nothing to do with its removal.

I hope that this information is helpful,

Rik