I think you may want to be cautious. Just trying to point out that LFER year end was May 31st. Not your normal 12/31. Their Q1 Ending is August 31st. Due Oct 15 no later unless a 5 day extension gets filed.
So based on OTC Market Rules for keeping Quotations for a sec reporting company.
They are 1 year behind on their Annual Report and delinquent. So if they miss Q1 in 4 days and do not file their Annual Report first they will over lap sending them to gray Sheets because this is an SEC reporting company.
They cannot file their Q1 without filing first their Annual Report 10K which is past delinquent.
Had LFER been just a pink sheet. All would be needed in an Annual report prepared with GAAP financials and a Verified Profile + Transfer Agent.
So I wouldn’t dive in too deep until your 100% sure they are not going to Grays after Friday. You may want to Contact OTC Markets to protect yourself.
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