EcoPlus Inc (ECPL)

[trefontane]

Fink, good article. Below is the key. The 18 month issue is a non event if they keep the shell current. Its just all quotes are unsolicited so MM can play games easier. It still will trade just as it is now.

What will Happen to a Shell Company That Has Remained a Shell for 18 Months?

A company that is and remains a shell company for 18 months will lose Rule 15c2-11 piggyback eligibility. A shell company will not lose the unsolicited quotation exception. If the company also does not have current information as required under Rule 15c2-11, it will be moved to the expert market (“Expert Market”) on OTC Markets. I’ve included a refresher on the current information requirements at the end of this blog as well as additional information on the Expert Market.