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BurntNAlive

04/18/21 3:30 PM

#145107 RE: pollux114 #145104

Yup!! One thing I can tell. Whoever spent $5-6 mil to accumulate billions of shares has a plan.

invest49

04/18/21 3:52 PM

#145108 RE: pollux114 #145104

The feds are watching him and I’m sure he
has certain stipulation. The people he affiliates himself
with are also under scrutiny.

StockFOXXX

04/18/21 10:54 PM

#145115 RE: pollux114 #145104

They have until June to submit their paperwork to to the otc in order to become current. The otc has until September to process and update the new status.

StockFOXXX

04/18/21 10:57 PM

#145116 RE: pollux114 #145104

UPDATES ON SEC RULE 15C2-11 AMENDMENTS
The upcoming implementation of amended SEC Rule 15c2-11 will require that all companies quoted on our markets must disclose current information on a continuous basis, effective September 28, 2021.
Pink companies will need to update their disclosure to ensure they comply with the new requirements.
Alternative Reporting Companies and Bank Reporting Companies: OTC Markets has updated the Disclosure Guidelines for Alternative Reporting Companies to include all the information required under amended Rule 15c2-11. Companies must follow the Guidelines to be designated “Current Information” or “Limited Information” and remain publicly quoted.
International Reporting Companies – Companies that are current in their periodic disclosure and are listed on a Qualified Foreign Exchange that requires disclosure in English will remain in compliance and may continue to be publicly quoted. Other international companies seeking to ensure their ongoing compliance may publish their disclosure directly to OTC Markets for review.

****Impacted Pink companies should provide the required disclosure to OTC Markets by June 30th. This will ensure that our Issuer Compliance Team has sufficient time to review and update market status for companies prior to the rule’s compliance date on September 28th. ****

Securities that do not meet the Rule’s disclosure standard will have their public quotes removed from Pink as of the September deadline.
Contact issuers@otcmarkets.com for more