News Focus
News Focus
icon url

TurboIllusionist33

04/17/25 8:28 PM

#76356 RE: TurboIllusionist33 #76346

I decided to look into the OTCID requirements a little deeper that Dalton has to orchestrate to qualify for the OTCID. He must submit a new application for the OTCID via the OTC gateway no later than May 1, 2025 to ensure that UNVC is eligible on July 1, but it is not explicitly required for companies on the OTC Pink Market to post that they have applied for OTCID in their disclosure filings.

All companies on the OTC Pink market (specifically those transitioning to the OTCID Basic Market) are required to post a Management Certificate within 45 days of their annual report filing in 2025. This is part of the basic disclosure requirements for the OTCID market.

Dalton filed UNVC's annual report on 03/07/2025, so April 22nd the 45 days are up.

With Dalton's history UNVC could be downgraded or transitioned to the Pink Limited Market or Expert Market, most likely Pink Limited Market.