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Re: thehondomeister post# 30459

Tuesday, 11/08/2011 1:53:56 PM

Tuesday, November 08, 2011 1:53:56 PM

Post# of 35924
Agreed! However, if Michelex is the real deal, it will take at least two years to get ready for a move to an exchange. Obviously, they've got a long way to go. (e.g., they are basically at the bottom of the Pink ratings with a 'CAUTION' label). As we all know, Michelex' management has been inept and derelict in their duties.

For Pinks in general, there is hope that w/in the next few years, SARB-OX will either be repealed or drastically re-worked, and if that is the case, it will be much easier, in terms of expense, for quality pink-sheet companies to move to the OTCBB or AMEX/NYSE. In regards to Michelex, well, it would be nice if they could at least get the 'Caution' sign lifted from their Pink status fairly soon.

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