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Kurt_Banoffee

11/19/17 5:45 PM

#61660 RE: QD explosion #61659

Beyond the automatic cure period (45 days after the 90 days = 30 days past the NT 10-K), it's at the discretion of the OTC up to the Blue Sky rules limit. For all we know, the company talked to the OTC and got a grace period beyond the automatic grace date.

4.1.2) OTC Markets Group may, in its sole and absolute discretion, provide additional time to cure, provided, however, that to remain on OTCQB a Company must at all times have on file audited financials dated within the prior 18 months as required to qualify for the Blue Sky securities manual exemptions described in Section 2.2(5) of these OTCQB Standards.



https://www.otcmarkets.com/content/doc/otcqb/standards.pdf