Replies to post #291 on Grey Market or Grey Sheet Q & A

[Cassandra]

The only way for a formerly-suspended grey market stock to resume being quoted via OTC Pink Link is to regain Rule 15c2-11 qualification which requires a FINRA-approved Form 211. If a company is fully-reporting and current with its SEC filings, qualification with Rule 15c2-11 will allow its stock to resume being quoted via OTCQB.

http://www.finra.org/Industry/Compliance/MarketTransparency/OTCBB/Forms/

Rule 15c2-11 allows market makers to make a market in a stock and quote their own bid and ask prices. A company can't file a Form 211 with FINRA. A market maker must essentially sponsor a company by filing the form, which requires extensive financial and company information.

Form 211: http://www.otcbb.com/aboutotcbb/forms/form211.pdf

In the last several years only a couple of companies have regained Rule 15c2-11 qualification. EDVP is one example.

http://promotionstocksecrets.com/edvp-becomes-the-first-suspended-ticker-to-return-from-the-grey-sheets-in-over-3-years/