current filers will be processed 1st as per compliance & think about this lil tid bit of info as well...OTC Mkts will make another $1k for every reinstatement application that is made (not necessarily accepted/granted) & their fees are also higher after the fact.
Personally speaking I very much doubt OTC Markets will hire any additional employees. That's the only part about the SEC granting OTC Markets suspension powers that seems a little silly. I'm all for more transparency, but you would've at least thought the SEC would've demanded that OTC Markets hired more employees to handle ALL the extra paperwork they're already currently dealing with right!
Just imagine the insane backlog OTC Markets is gonna have over the final 90 days alone leading into Sept 23rd right!
That's why logic already strongly suggests a ton of OTC suspensions will come because far too many OTC CEO's waited too long to begin the going current process right!
Have a great & safe weekend everyone and compare more notes next week!
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