Replies to post #86248 on Sunergy, Inc. (fka SNEY)

[BigHeis]

I think that is the second tier piece. It does say all OTCQB must meet the minimum bid test at the first part then the second part kicks in to continue on the board otherwise they will be kicked to the Pinks.

[BeeDoubleU]

" Each company will be required to comply with the new OTCQB procedures 120 days after its Fiscal Year End (“FYE”)."

SNEY FYE DEC 31, 2013 add 120 days is about end of March. Then 30 days prior to May 1 begins april 1st. IMO we need to close 01 before may 1.

[RoxVox]

As I read this my take is that May 1st is the date for all companies as it relates to pps. Yet, there is a 120 day from fye to meet ALL OTHER REQUIREMENTS. But I am far less knowledgeable on the subject compared to many here. :-)

So basically I think there are TWO DEADLINES ....one is constant for all (may 1st) and only pps related. Other is variable to each company's fye concerning all other requirements.