Replies to post #191090 on DD Support Board and Research Team

[billytbone]

What if some company just needs one to three more weeks to get everything together?

If they make an exception for one then they have to do it for all, this opens a slippery slope that they don't have the time or manpower for to treat each ticker individually like that.

[MallenNV]

Gray is NOT game over. It’s only over if the ones going to the grays are already finished and ran their pump program. Grays are GREAT for companies that are not scams or diluted post pumped stocks.

It may be hard for the sub penny retailers from buying the stock but that does not mean the company is game over.

It is over if the company is a pump shell or scam that already dumped and diluted and does not want to fold, they just drop to gray and walk away.

If you file your data to the OTC and pay the $6000, in 3 days your OTC would be current. There is NO backlog. The OTC just wanted every one of the 2600 STOP signs to pay to move to Yield but only 250 did and 2400 are not budging.

This was nothing more then a money grab from the OTC who used the rule 15c211 that allowed the OTC to set the rules to be compliant NOT the SEC or FINRA.

2600 x $6000 is almost $16,000,000 more annually for what is simply a public entity with no regulation powers (The OTC)

:)

[janice shell]

What if some company just needs one to three more weeks to get everything together? Do they have no mercy at all?

No, they have no mercy. Why should they? The new rule was proposed in September 2019:

https://www.sec.gov/rules/proposed/2019/34-87115.pdf

The final rule appeared in September 2020:

https://www.sec.gov/rules/final/2020/33-10842.pdf

Companies had until now--September 2021--to become compliant. It's not as if they didn't have enough time.