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Re: Midwestrader post# 114825

Wednesday, 08/03/2022 7:02:39 PM

Wednesday, August 03, 2022 7:02:39 PM

Post# of 115805
Eddie has one ticker that enjoys PINK CURRENT (AURI) status and one that's "expert market" toast (UITA). The rest he lets walk on a knife edge with "YIELD" (pink limited) warnings flashing. Even his 3 "shell risk" tickers can exist almost indefinitely at YIELD with scant reporting.

Seems he has figured out there is a longer grace period for YIELD/ pink limited tickers. . There is no requirement for him to file quarterly reports or even an annual attorney opinion letter. He only has to file an "annual report" within 120 days (4 months) of the end of the fiscal year. PRPM's fiscal year ends on Jan 31st.. a month later than normal. He filed the A/R on 6/15/22. If he does so again on 6/15/23 it could be 18 months before anyone knows what has happened if he chooses not to disclose quarterly.

See the "Pink limited tier" requirements beginning at the bottom of page 2.
.
https://www.otcmarkets.com/files/OTCPinkGuidelines.docx

It's as low as they can go without losing their quotes and being consigned to the Expert/Grey Market.

Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.