Can't believe you beat RULES to it :o) That's the way I read it, too.
His next challenge appears to be to file a set of 12/31/21 financials by 4/30/22. Pink Limited Information Tier
Companies that make the information described below publicly available through OTCIQ may qualify for the Limited Information Tier.
Annual Financial Statements: Companies must upload the below financial statements for a completed Fiscal Year within the past 16 months. Financial reports must be prepared according to U.S. GAAP or International Financial Reporting Standards (IFRS) but are not required to be audited. Balance Sheet Statement of Income Statement of Cash Flows Statement of Retained Earnings (Statement of Changes in Stockholders’ Equity) Notes to Financial Statements Audit Letter, if audited Verified Profile: The Company must verify the Company Profile through OTCIQ, including, but not limited to, a complete list of officers, directors and service providers; outstanding shares; a business description and contact information. To Qualify for Limited Information on an ongoing basis, companies must: Upload reports through OTCIQ on the following schedule: Annual Report (including the required financial statements outlined in Item 8) within 120 days of the fiscal year end Maintain a Verified Profile. At least once every six months, review and verify their the Company’s profile information through OTCIQ.
......................... Full stop: As of now the Compny's profile is NOT verified.
......................... Then there's the question of Current Reporting of Material Corporate Events aka 8-K material. Timely reporting of such things is theoretically a requirement, but I've never seen OTCM make a peep about a failure and I'll bet there are oodles of them every day on the OTC. Even the SEC takes a pretty relaxed approach to them. This seemed like an afterthought: "Rokk3r, Inc. (ROKK) – Filed one deficient Form NT and filed one untimely Form 8-K. The Florida-based company, now private, agreed to pay a penalty of $50,000." https://www.sec.gov/news/press-release/2021-76
He'll find some way to screw it up. Heck, we probably just woke him up to the verification requirement.
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