Replies to post #84571 on VirExit Technologies Inc (VXIT)

[crazy horse 0]

So what is coming with VXIT that is the question

$VXIT YES!! You have continued to post misinformation. VXIT is a Alternative reporting company by OTC Pink Basic Disclosure Guidelines & not subject to SEC Exchange Act reporting requirements! As a long term shareholder you should know this!!
AlaskaOTC
Quote: "A long term shareholder, watching the ship sink. Bows about to go under. Look up the new rules. They had 6 months plus a 15 day grace period. 6 month is up" Wrong

Once again VXIT is not A SEC reporting filer! Your information is based on SEC reporting companies that make their current information publicly available on EDGAR

What reports do SEC registered companies need to remain current?

In order to remain designated as “Current Information” on our markets, companies with Exchange Act reporting requirements must make timely filings of all reports required to be filed with the SEC.

Rule 15c2-11 permits additional time (180 days) for Exchange Act reporting companies to continue to be eligible for public broker-dealer quotes. Accordingly, companies that make their annual or quarterly reports publicly available (via EDGAR) within 180 days of the end of the applicable quarterly or annual reporting period will still be eligible for broker-dealer proprietary quotes, but will be designated as “Limited Information”.

For example, if a company with a fiscal year end of December 31st files its second quarter 2021 report in a timely manner (by August 16, 2021), it would remain in the “Current Information” Tier until the third quarter report is due (November 15, 2021). If the third quarter report is not filed, the security would still be eligible for broker-dealer quotes, but would be moved to the “Limited Information” tier and would continue to be eligible for public broker-dealer quotes until December 27, 2021 (180 days after the end of the issuer’s second quarter). Thereafter, assuming the issuer did not rectify its disclosure deficiencies, the security would enter the 14-day grace period and move to the Expert Market for unsolicited quoting only.

https://www.otcmarkets.com/learn/15c2-11-resource-center

[SILVERSURFER4263]

WOW___THANKS FOR THAT FACTUAL INFO BEER_MONEY