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BeerIsGood

11/06/19 4:02 PM

#59731 RE: Lv Planes #59730

when we "file" that automatically meets the "current" requirement

How do you figure it already meets the current requirement?
Prior to filing for OTCQB a company must meet certain requirements and UNVC does not.
Stocks don't go from dark defunct status to OTCQB for this reason.

To be considered for admission to OTCQB, a Company shall meet all the following conditions:
1) Audited Financials. Audited annual financial statements must be prepared in accordance
with U.S. GAAP or, for International Reporting Companies or Alternative Reporting
Companies listed on a Qualified Foreign Exchange, IFRS or an IFRS equivalent, as
applicable, containing an audit opinion that is not adverse, disclaimed, or qualified.
Audits must be conducted by an auditor registered with the Public Company Accounting
Oversight Board (PCAOB). International Reporting Companies and Regulation A Reporting
Companies are exempt from the PCAOB requirement.
Note for Regulation A Reporting Companies: The exemption from PCAOB requirements
covers initial eligibility only. Subsequent annual financial statements are required to have a
PCAOB audit.
2) Current Disclosure. Make current disclosure available pursuant to one of the following
reporting standards:
a. SEC Reporting Standard;
b. Regulation A Reporting Standard;
c. Bank Reporting Standard;
d. International Reporting Standard; or
e. Alternative Reporting Standard.