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Re: PPS post# 5236

Thursday, 04/19/2012 3:37:46 PM

Thursday, April 19, 2012 3:37:46 PM

Post# of 66419
The company deregistered from its obligation to file with the SEC on March 23, 2011.

Let me add this email response received from the pinksheets.com to clarify your misstatement once and for all.

Alternative Reporting Standard refers to a company following our Guidelines for Current Information (http://www.otcmarkets.com/content/doc/DisclosureGuidelines.pdf) instead of filing with the SEC. It looks like the financials were at some point audited by an independent auditor but I am not sure this is still the case, we will need to look into it.

A description of our tiers is available here: http://www.otcmarkets.com/otc-101/otc-market-tiers

The company deregistered from its obligation to file with the SEC on March 23, 2011.