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Chaka

05/13/20 10:42 PM

#49863 RE: Rebbelins78 #49862

Outstanding post.

@ MODS..

Can S1 sticky this post by Rebbelins78?

Tia!

Go $Alpp

trding

05/14/20 5:43 AM

#49876 RE: Rebbelins78 #49862

Correct, half the otc I’m in asked for an extension, nothing unusually about that at all to me. What do you do if your accounting firm is locked down with stay at home orders? Here is an article talking about it, and many otc are taking advantage of the extension, which is until July 1st.


SEC and OTC Markets Extend Filing Deadline Relief for Public Companies

https://coronavirus.kjk.com/2020/03/28/sec-and-otc-markets-extend-filing-deadline-relief-for-public-companies/

SEC order

https://www.sec.gov/rules/exorders/2020/34-88465.pdf

On March 4, 2020, in response to the potential effects of coronavirus disease 2019 (COVID-19), the Securities and Exchange Commission (the “Commission”) issued an order1 (the “Original Order”) pursuant to its authority under Section 36 of the Securities Exchange Act of 1934 (the “Exchange Act”) granting exemptions from certain provisions of that Act and the rules thereunder related to the reporting and proxy delivery requirements for certain public companies, subject to certain conditions. The Commission has been monitoring the effects of COVID-19 and is now modifying the exemptions in light of its current understanding of the circumstances. The health and safety of all participants in the securities markets is of paramount importance, and the Commission recognizes that public companies and other market participants continue to face challenges in meeting the reporting and proxy delivery requirements of the federal securities laws in a timely manner.For this reason and the reasons stated in the Original Order, the Commission finds that modifying the exemptions to cover filings due on or before July 1, 2020, pursuant to its authority under Section 36 the Exchange Act, is appropriate in the public interest and consistent with the protection of investors.