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PennyHoper

11/06/23 7:36 AM

#18912 RE: 71chris71 #18909

Re how much time "has to pass" ...

So to recap if more or less a year has to pass this time too... Is July 2024 correct?



The main point of my post was to pass on that hidden 'nugget' of the history Hamilton had with NRG. It was always there in the filings, and I just didn't see it before. (Thanks again to my co-researcher. We started off talking about one thing, and this just sort of plunked in our laps after a few clicks.)

How much time it took for Nixon to go public the first time and what it will take this time are two different questions.

If you have simply added a year to July 2023 to get July 2024, I'm not sure why you picked July 2023.

Since I don't have the knowledge and experience, I can't declare as a fact that it had to take a year (+) for NRG to go public the first time by merging with WCVC. I only looked at the published facts, with a focus on WHO was involved, without any attempt to uncover behind-the-scenes work on getting the filings ready.

Re the current case, again, my focus has been on WHO Nixon has hired, not how long it will take.

HOWEVER, the standards for admission to trading on the OTC using the (non-Edgar) alternative standard require 2 years of financials, plus any quarterlies between the 2nd end-of-year financials and the time the Attorney Letter is submitted to verify the financials. Nixon definitely now has his 2 years of financials (his financial years end on Dec 31), plus, by now, 3 quarters. November does happen to be a month when results from a September quarter have been published by some companies.

At this moment, I don't know what the requirements are for Nixon to return to trading through Edgar, but I'll bet he has enough financial history under his belt to qualify, if he chooses to use that route. I'm sure Hamilton knows what he needs to do as well.