Sorry, but for this guy to be a CEO of a company he is surely not up to date on facts. BEHL does not have a caution symbol on it and in fact has the Pinksheets Current Information symbol.
If he has the filings prepared for BB then why did he not send them to Pinksheets for possible CE removal? It costs no money to send your filings to them and it is the same process. Whether they take the CE off is another issue on its own, but the filings are not going to be rejected by Pinksheets.
You cannot go to the BB without prior filings, if he thinks that you as a shareholder are going to buy that story he should have told you 6 months from now. Because you must establish a filing history with the SEC before hand. You cannot elect to just go to the BB, there must be a history established beforehand.
Without an MM sponsoring that trading symbol, they are not going to the BB anytime soon, and no MM is sponsoring a current CE stock.
1. In order for a security to be eligible for quotation by a market maker on the OTCBB, the security must be registered with the Securities and Exchange Commission (SEC) or other federal regulatory authority that has proper jurisdiction (see below) and the issuer must be current in its required filings with such federal authority.
Domestic issues quoted on the OTCBB are limited to the following securities:
- securities of issuers that make current filings pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ("Act");
- securities of depository institutions that are not required to make filings under the Act, but file publicly available reports with their appropriate regulatory authorities;
- securities of registered closed-end investment companies; and
- securities of insurance companies that are exempt from registration under Section 12(g)(2)(G) of the Act.
Sorry, but ENTK is not current with its filings and to further cause a problem as you know it is currently an unsolicited quote and it requires the following:
A minimum of one market maker is needed. An issuer may not submit an application directly to be quoted on the OTCBB. A market maker must sponsor the security and demonstrate compliance with SEC Rule 15c2-11 before it can initiate a quote in a specific security on the OTCBB.
Sorry, but until he comes clean no investor is going to blindly put money here. It all looks great on the speculation paperwork, but lacks the fundamental paperwork to establish transparency.
