The company said Monday it received a notice Friday that it was out of compliance with a Securities and Exchange Commission capital rule and the securities business was limited to liquidations. Jesup & Lamont added that it is seeking to show it has complied with the orders and hopes to resolve the issue soon.
Almost at OTCQX ! What bothers me is that it has taken I believe almost a year for BIEL or shall I say this wonderful company JLI who is suposed to have been taking care of BIELs uplist - now this firm is losing money- which puts at least a "tempoary" hold on BIEL from uplisting??!!! But it's looks like they are going to settle the matter soon!!!!
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