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Re: navycmdr post# 3306

Monday, 03/05/2012 1:09:06 PM

Monday, March 05, 2012 1:09:06 PM

Post# of 35436
Patience on the name change and first shipment.

The name change can apparently take from a minimum of 4 weeks to several months to complete, given that it has to pass through several levels of scrutiny such as the Nevada SOS, FINRA, Transfer agent, OTC Markets, etc.

I see that a few other Nevada-based OTC companies that filed name changes in late January have come through recently, so perhaps HRID is coming up in the stack of paperwork. It'll only be 4 weeks, on March 7th, since the amendment was filed with the Nevada Secretary of State. Company management isn't likely to get more than a day's notice from FINRA when it does become effective.

See this link on name change guidance:

http://www.thelebrechtgroup.com/blog/finra-6490-is-that-the-number-of-days-it-takes/

If you would be able to speak with Ramiro or Nancy directly, no way would they devulge an exact date of product shipment or name change to give you an inside edge over other investors/traders.

Give it a couple of weeks before heading for the exits...
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