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Re: congotongo post# 4374

Thursday, 04/21/2022 8:27:00 AM

Thursday, April 21, 2022 8:27:00 AM

Post# of 4940
Generally nothing for the short term, usually out to 2 years if delinquency continues and then the SEC suspends the ticker. However, recently there has been a clean up of OTC tickers and their delinquency problems seem to be a focal point. Also a focal point is the use of Form NT and its frequency, if a consistent pattern that just adds to the pile.

But with this turd it has an additional focal point, its been suspended already in the past 6 months along with the unknown of if there will be additional regulatory action that was already in process to revoke this ticker from the previous suspension. Either way, the Form NTs and Delinquency just add to the pile for a judge to issue the revocation notice.