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Re: TEX post# 264429

Monday, 11/30/2009 8:19:14 PM

Monday, November 30, 2009 8:19:14 PM

Post# of 346917
TEX,
They were bounced for the following reason (if you want dates and filings let me know).
As usual, from Rule 6530 (as you know, they were an otcbb issuers at the time):
(e)(1) Notwithstanding the foregoing paragraphs, a member shall not be permitted to quote a security if:
(A) while quoted on the OTCBB, the issuer of the security has failed to file a complete required annual or quarterly report by the due date for such report (including, if applicable, any extensions permitted by SEA Rule 12b-25) three times in the prior two-year period;

They had three strikes (two K's and a Q) and were bounced out.

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