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Re: neomania post# 210114

Friday, 12/16/2022 11:46:54 AM

Friday, December 16, 2022 11:46:54 AM

Post# of 220371
Posting to the OTC is not instantaneous. First, the company or its designee must upload the report, and then OTCM must review it for accuracy for OTCM rules. It doesn't care about the content, but it must be a complete report and adhere to their rules. It can take over a week, considering that they have over 10,000 companies that file 4 X a year. That's over 40K filings per year. If they find problems, they will contact the company to fix the problem, then the report will have to be reuploaded, and the process repeats.
I suspect those that are delinquent go to the back of the 'line' so to speak.