Replies to post #36037 on HPIL Holdings (HPIL)

[MMMQA]

Where did you get that info from?Please post a source that says they have to file 5 years to get current.

Public companies not providing information to the public may upgrade to the OTC Pink Current tier by providing annual reports for the last two fiscal years, and quarterly reports for the interim periods since its most recent annual report.

[gainers]

It's a new ownership tho why would they be required to post filings for a company that wasn't theirs in the past..

[AKATITUS]

Watch the May 28th conference call he goes over this. I know the answer, I just want to see if you find the correct one. So easy to find people out.

[Texas Bohemian]

OTC Pink filing requirements to remove stop sign is 2 annuals + interim quarters. Since CT PRd their submission of disclosures in Apr'21 then, presumably, the filing package would have included financials for the 2019 annual, 2020 annual, 2021 Q1, and the disclosure statement.

SB mentioned on the last CC that he had auditors workn on it so we probly wont see an attorney letter.

See here from OTCM:

******************************

NO INFORMATION

Indicates companies that may not be able or willing to provide current disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. This category includes companies that may have ceased operations as well as 'dark' companies that may have questionable management and market disclosure practices.

How to remove the “Stop Sign”
A company may provide disclosure through a selected U.S. regulatory agency (such as the SEC or a Banking regulator), a qualified foreign stock exchange, or through the Alternative Reporting Standard pursuant to the Pink Basic Disclosure Guidelines.

Complete the OTCIQ Order Form, select the OTC Disclosure & News Service on page 1.

Once the form is processed, OTC Markets will send the authorized user login credentials

Publish all required disclosure and financial reports through www.otciq.com.

--> Financial Statements: two most recent Annual reports and any subsequent Quarterly Report

--> Disclosure Statement: most recent Annual and any subsequent Quarterly Reports

--> Non-Audited Companies: file an Attorney Letter with Respect to Current Information

OTC Markets will process the company’s disclosure and assign a tier designation based on the information provided.

Publicly traded companies that are not willing to provide information to the public market should be treated with suspicion and their securities should be considered highly risky.

**************************

This information can be found at this link:

https://www.otcmarkets.com/corporate-services/information-for-pink-companies

Scroll down to the "No Information" section with the stop sign symbol.

CT Ltd
$HPIL - - > CYBT $$$$
CyberCREW