Replies to post #13984 on Sanomedics International Holdings Inc. (fka SIMH)

[DaReal]

Don't forget...
we are paid Bashers, we are making $$ by telling lies about Stocks like SIMH.

Now everybody can see the Truth...

I really hope Finra says NO, means they will have to raise the A/S even further. As a Result they would be even delisted from the OTCQB

(Details on anti-fraud efforts in paragraphs 4-6)

OTC Markets will introduce a new minimum 1 cent bid price requirement on May 1 for its OTCQB market and will require the company's chief executive or chief financial officer to certify that its reporting obligations are current and that disclosures about shareholdings, officers and corporate profile are correct.

The bid requirement, in which stocks must have been quoted for at least 1 cent daily over a 30-day period or be dropped from the market, aims to ferret out companies that fall prey to dilutive stock fraud schemes and promotions, OTC Markets said.

http://www.reuters.com/article/2014/03/26/otcmarkets-reforms-idUSL1N0MN25Y20140326