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levelnever

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levelnever

Re: janice shell post# 193

Wednesday, 08/17/2011 10:00:45 PM

Wednesday, August 17, 2011 10:00:45 PM

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Saw this post on FASC on SOS Changes board. I think it illustrates something which I occasionally stumble on, a reinstatement of a stock that has kept current in it's SEC filings (OTCQB) and yet they didn't keep filing annual reports with SOS, going into default. You would think the cost of the SEC filings would be significantly more than the cost of the SOS update. Any speclation as to why a company stays current in it's reporting obligatonsm and is on the OTCQB but is in default with the SOS?

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