News Focus
News Focus
icon url

ForReal

12/28/17 3:35 PM

#17375 RE: jderaney #17366

A little history.......
Since all the Chinese reverse mergers and the ensuing accounting problems, foreign companies that want FINRA approval go through a little more scrutiny than those that are based here in America. Many foreign companies use accounting firms that are not PCAOB compliant and that causes some problems. I know the company has no real requirement for providing financial transparency, but FINRA and OTC Markets are very close and work together. In order for OTC Markets to take down the Skull & Crossbones, some financial data will be required of GIFA.
So, a combination of factors (as DOLV suffered) could make this a longer than usual process.

Not saying for sure that it will, but the possibility does exist.