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Re: gorbec1 post# 209612

Wednesday, 05/17/2023 11:31:40 PM

Wednesday, May 17, 2023 11:31:40 PM

Post# of 213029
They can take their "Shell Risk" flag on MCIC and shove it up.....OTC Markets gets to play king of the hill with it's "sole discretion"? Is inventory enough or does Ben need revenue/profit/cash flow? Wait.... OTC markets gets to decide the fate of any OTC company at it's "sole discretion"? Maybe they like certain hookers as well? The way I read this is Ben could do 500 million a year and these bastards could say "you know guys, that's just not enough by our evaluation to..... not be a shell risk". Funny if shell risk is removed. - -
"As part of its ongoing review of companies, OTC Markets may designate a company with a shell risk flag, where it believes, in its sole and absolute discretion that a company displays characteristics common to shell companies. The designation does not indicate that a company has labeled itself as a shell (that would instead be a firm shell flag not a “shell risk”). The shell risk review includes evaluating asset composition, operational expenditures, and income related metrics. When a company receives a shell risk flag, it has the opportunity to provide evidence, including material changes in financial condition in publicly reported financial statements, to OTC Markets to request the removal of the flag"
Bullish
Bullish