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Thursday, May 09, 2024 10:58:46 AM
You keep asking questions about taking advantage of the Penney exempt status. I'm speaking to the filing REQUIREMENTS of the status.
A penny stock exempt company must file a Form 10-Q for quarterly reports, a Form 10-K for annual reports, and a Form 8-K for significant events or changes. All can not be done without an active registration. A form 10 is required to report register with SEC because of the time elaped,change of ownership and other factors since we were last a SEC reporter.
So are you denying we have that status? Are you denying the requirements once that status has been applied? You can argue with yourself all day long. The status HAS BEEN ASSIGNED. Now the company must comply.
Seems simple to me, but.. well..
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