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lucky, mydog

07/24/19 11:27 AM

#19637 RE: Farmboynate #19636

they'll be delisted to pinksheet non reporting then gray sheets

they will be a (delinquent) reporting company trading on the grey sheets. pink sheets non reporting is an otcm designation and has nothing to do with the sec. otcmarkets is not a regulatory agency.

Jeff1717

07/24/19 11:48 AM

#19638 RE: Farmboynate #19636

As Lucky mydog stated, they're being suspended for not filling 10Q and 10K's. Both are very expensive. 8K's are just information.

They also filed for BK, first I've heard of that. I don't know what it means to be "closed" ..... Was it withdrawn or completed?

On August 4, 2017, QSIM filed a Chapter 7 petition in the U.S. Bankruptcy Court for the District of Central California which has been closed
https://www.sec.gov/litigation/admin/2019/34-86441.pdf

IMO, the 8K's recently filed seem to be CYA docs to avoid fraud.

I'm surprised Matt would want to put his name with this... but based on what I've seen with VIVK though, all recent activity seems to have his fingerprints on it.

But why would so many shares be "bought" with now, no or very little secondary market?

QSIM had to know this action was coming as they must have told the SEC they didn't receive the compliance letter...