my understanding from other posters is that spng does not want to file the 10k's and 10q's until they are on the otcbb where the good news will have the biggest bang for the buck...thus negotiations are under way to make the filings and granting of the 211 as simultaneously as possible...apparently finra is the one holding up the deal...
thats what is being asserted by some posters...and that would indeed be very much to spng's advantage..i can see why they would want that.....and no precious rules would necessarily be broken...just the process being sped up and perhaps preapproved...
there are ways around everything..and where there isnt a way, one will be found...rules or no rules...so posting the text of rules is meaningless..
rules are for the normal process of things..unique situations will no doubt require unique interpretations of the rules...in other words, they will do what they have too to get the job done..