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Re: PRONEW post# 984

Sunday, 12/04/2011 3:47:32 PM

Sunday, December 04, 2011 3:47:32 PM

Post# of 1713
Only going by what I have seen before:

Once a stock is Pink Limited, they can file or not file - but they file to the OTC Markets, not the SEC anymore - and if they are current then they will be listed Pink Current.

It would appear that CHWME wants to remain on the OTCQB, therefore they must file to the SEC within the deadline.

I do not believe trading will be halted on CHWME simply on the basis of failing to file to the SEC. I am aware of many companies which have gone to Pink Limited status and continued to trade while remaining in that status.

I DO NOT, in light of past developments, know whether trading may be suspended like the other companies were this week. My GUESS would be that since CHWME was not halted originally, they may not be suspended or halted at all.

I could give names of many companies which left the QB because of failing to file which never were halted or suspended for that reason.

All The Best

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