you are wrong..plain and simple...finra can delay the PROCESS at any point they choose too.....
and heres another little point for you...
"Prior to quoting or resuming a quote in an OTC BB security the marker maker must have at least ONE of the following:"
"Form 10K, 10Q, and 8K An offering circular effective within 40 days A prospectus effective within 90 days Other detailed financial information"
in other words, the MM DOES NOT have to have the 10k or 10q in its hand...thanks for pointing that out...but it does kind of blow away all you and your friends contentions that the MM has to have the 10k before it can file a 211...was that what you were trying to do?...lol