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syscat

05/01/14 7:14 AM

#5795 RE: mort75 #5794

Yes, lapse in reporting. Pinksheet stocks, which XDSL is as of today, are not required to maintain SEC filings. They can...or, they can adopt alternate reporting standards....or....they don't have to report at all. In fairness, pinksheets do maintain tiers, per se. They can be in a "Current" status, which of course XDSL is now, or a "Yield" status meaning they've reported but are missing a recent filing, or a "Stop" status meaning they've missed two or more filings.