JMO, if a company is a SEC registrant, such as Nate's, it is required to file timely periodic reports with the SEC. The consequences for non or late filing are clearly described on the SEC website.
Most pinks are not SEC registrants and have no legal obligation to file anything with the SEC or OTCMarkets.
It is a very simple concept that is well documented.
Again, I would think shareholders primary concern is share price which drastically decreased over the last few months.
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