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Pres46

05/08/18 4:10 PM

#109638 RE: stemcell #109624

No, actually that only applies to the INITIAL FILING.

You posted it and it is really clear about Pink Current Requirements

Qualifications for the OTC Pink - Current Information Tier
Companies that make the information described below publicly available on a timely
basis (90 days after fiscal year end for Annual Reports; 45 days after each fiscal quarter
end for Quarterly Reports) qualify for the Current Information Tier. Financial reports
must be prepared according to U.S. GAAP or IFRS, but are not required to be audited
to qualify for the OTC Pink Current Information tier.