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matrix

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matrix

Re: madmax6 post# 55775

Tuesday, 02/06/2007 9:25:57 PM

Tuesday, February 06, 2007 9:25:57 PM

Post# of 82841
It depends on whether NASD's OTC Compliance Unit believes the company provided accurate information to the MM. If any info looks questionable, they won't approve the Form 211.

Financials actually don't need to be audited. Since the suspension pointed to this particular area, NASD may want them audited by a PCOAB-registered firm. They can be pretty expensive.

-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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