Replies to post #19896 on Stevia Corp (STEV)

[Fallingknife75]

It will be easy enough for them to regain the QB listing, to me it is a matter of principal that they allowed themselves to drop off in the first place. I think they are trying to time the retail site launch w/the 10K simultaneously which is nice but unnecessary. I hope enough shareholders contact IR or George directly that they don't pull this kind of stunt again.

Good times ahead,

Knife

[ChestNutz]

They CAN but at discretion of OTCQB. No guarantees. This is why it's important to hit the nt-10k deadline of 7/15 and never be served written notice. Now they are delisted and 16 days into the written warning period and the OTCQB has discretion to readmit it isn't automatic. See 30 day curing period sticky:

"OTC Markets Group may remove the Company’s securities from trading on the OTCQB marketplace for the Company’s failure to meet the requirements set forth in Section 2 of these OTCQB Standards or any other obligations under these OTCQB Standards, which determination shall be made by OTC Markets Group in its sole and absolute discretion, unless such failure is cured within 30 calendar days after OTC Markets Group gives the Company notice of such failure.*** OTC Markets Group may, in its sole and absolute discretion, provide additional time to cure.

In the event the Company regains compliance with requirements under Section 2 of these OTCQB Standards, OTC Markets Group may, in its sole and absolute discretion, readmit the Company to the OTCQB marketplace under the following conditions:"


Been playing OTC stocks a good little while tell me the last time a reporting company blew through regular deadline, extension deadline, and written warning deadline, get delisted, and have it work out for the company and shareholders??? Never seen it! It isn't a viable strategy IMO which is why nobody does it. Oh yeah, don't worry the fins and coming stop being an alarmist etc how many red flags do you need at best they got some explaining to do!