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Just1MoreUpTick

03/26/15 3:41 PM

#90277 RE: TenKay #90275

Well stated, appreciate the contributions here!

Until it is actually shown to exist...it doesn't...or they don't actually say what Mark says they say.

Perhaps they said they would seriously review the 211 AFTER the Form 10 was submitted?

Perhaps they said they won't approve a MIKP 211 in the absence of a Form 10, so if one is submitted they will reconsider?

The best lies have some element of truth to them.

But there is absolutely no way, NONE, that FINRA would commit to approving a 211 BEFORE they saw the Form 10.

No way, no how.

And until actual proof is provided otherwise, that is where it stands.

And frankly I don't believe an approval is ever coming...as I said six months ago...and six months before that...and I will still be able to say six months from now.

skyrocketinsight

03/26/15 5:17 PM

#90278 RE: TenKay #90275

Tell that to Mark.
The whole idea behind the form 10/audit submittal which MIKP did on October 27, 2014 was to become fully reporting which is the goal of the SEC/FINRA so that companies are held more accountable. That is an automatic after 60 days of submittal or a date of December 27, 2015 (where MIKP was fully reporting).

So on that premises, there is nothing to review on the form 10/audit as I believe that is automatic.

So at the least seeing that MIKP is now fully reporting and held more accountable, the SEC/FINRA accomplished a lot with MIKP in that they have made MIKP more accountable to their shareholders.

So the 211 SHOULD be ok'd by FINRA's stamp of approval right away. (Although MIKP was re-working their 211 due to the fact that they are fully reporting and have to keep everything up to date).

Go MIKP!