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insomniac

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insomniac

Re: cdaniel394 post# 1456

Thursday, 03/25/2010 5:47:44 PM

Thursday, March 25, 2010 5:47:44 PM

Post# of 1731
I dont think it has to do with Bermuda.. I believe it has to do with being a bulletin board stock.
If skrrf was on a major exchange , they would have to report within a certain time limit.. It was(ie.) 45 days for a qtrly, and a bit longer for a year end report.. if they didnt comply ,, they would be delisted from the NYSE (for example) and would be placed on the pinks/bulletin board. Frankly Im not sure if bulletin board stocks have any such requirement.It certainly must be more relaxed than the above example. Try calling NASDaq/FINRA, and find out "reporting requiements" for pink sheet stocks..
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