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janice shell

02/25/16 6:04 PM

#188338 RE: PennyStockPickz #188328

No. What happened was that Bill originally filed a Form 10-12B for CEN Biotech. Presumably the SEC told him CEN didn't really qualify for that, and that he should withdraw the registration statement and file a Form 10-12G in its place.

He did that, on 4 January:

http://www.sec.gov/Archives/edgar/data/1653821/000107878215002105/0001078782-15-002105-index.htm

He then supplied one amendment, on 7 January:

http://www.sec.gov/Archives/edgar/data/1653821/000107878216002143/0001078782-16-002143-index.htm

The reason for the amendment seems to have been to add this:

http://www.sec.gov/Archives/edgar/data/1653821/000107878216002143/form10a1_ex99z1.htm

Forms 10 become automatically effective after 60 days. So this one should become effective the first week of March, unless something happens between now and then.

If the Form 10 does become effective at that time, it doesn't mean CEN Bio will be a public company; only that it will be an SEC registrant. It's noted that:

A market maker has agreed to file an application with FINRA on CEN’s behalf so as to be able to quote the shares of CEN’s common stock on the OTCQB maintained by the OTC Markets Group. If CEN becomes able to have its shares of common stock quoted on the OTCQB, CEN will then try, through a broker-dealer and its clearing firm, to become eligible with the Depository Trust Company ("DTC") to permit its shares to trade electronically…

So FINRA and DTCC will have their say.