EFuel EFN Corp (EFLN): I want EFLN to fly soon. However, I am n...

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JDoggs_Money

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Wednesday, 03/19/2014 12:33:40 AM

Wednesday, March 19, 2014 12:33:40 AM

I want EFLN to fly soon. However, I am not sure the CE removal is going to happen for quite some time(?). In order to be compliant with OTCPink, there has to be quarterly reports within 45 days of quarter end and an annual report within 120 days of year end. The quarterly reports don't have to be audited or have any attorney approval. However the annual report either has to be audited or approved by attorney.

The one area I'm not understanding is can they submit all of these at the same time to get updated or do they have to earn this by proving they can comply over time? Does anyone know?

Here is what I was looking at: http://www.otcmarkets.com/learn/caveat-emptor and http://www.otcmarkets.com/learn/upgrade-otc-tier

Any thoughts? I want this CE removed yesterday as it's holding us back!

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