Grey (or Expert) to Pink

[nsomniyak]

Yes - it is not a death sentence. However, it is more like purgatory in that they stay on the expert market until they have atoned for their sins by filing the required financials and documents to become current.

That is the $64,000 question - which of the now expert market tickers will actually file and become compliant, and when? Some will, some won't.

There may be some leading indicators. For instance, if a company requests access to OTC Markets (which involves a fee, I think), that could be an indicator that they intend to start filing docs. Unfortunately there is (no longer) an easy way to harvest such requests.

Anybody else have ideas about leading indicators indicating a company is actually on the path to becoming current (and not just talking about it)? Barring an actual observable leading indicator, do you have thoughts about which CHARACTERISTICS of expert market companies would suggest that they are more likely to eventually become current than others? Possibly things like CEO or custodian track record, share structure, lack of convertible preferreds, etc.?