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Re: Howardhaftel post# 27434

Sunday, 03/07/2010 2:53:52 PM

Sunday, March 07, 2010 2:53:52 PM

Post# of 233825
It's quite a big deal to be uplisted, specially from the pinks. To say otherwise shows a lack of knowledge on your part. Pinks are not transparent, they don't have to file with the SEC and they don't have to audit anything they do file.

Simply moving up to the otcs/bbs would make they fully transparent and give them much more crediblity. For me, and most here, this is not an issue and their crediblity has never been in question. But there are plenty of investors that do question any company on the pinksheets. That is why it's very important for this company if it wants to continue to grow to uplist.

Moving to the otcs/bbs does not cost much money nore does it take much time or effort on the companies part. They simply have to have their finanicals aduited and then file them with the SEC. Thats pretty much it.

"cost mucho money to be listed and each exchange extracts their quart of blood"

This is completely not true for a few reasons, some I addressed above. The other is quite simply, the OTC/BB is not an exchange it's a quotation service. They don't "extract" any "quart of blood" from us.

I do believe Ken realizes how important it is to get off the pinks for the future growth of this company and as stated before I believe this is something the company has been working on and will be completely pretty soon.



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