Replies to post #304 on Nutripure Beverages Inc (NBVG)

[skipdeez]

This explains why they went to the pinks, even though they filed...

14:16 LDHIE Liberty Diversified Holdings, Inc. Common Stock 4/27/2007
Failure To Comply With NASD 6530;
Added to Other OTC (LDHI) **

NASD 6530 states...

Go to the link and read it...

http://nasd.complinet.com/nasd/display/display_main.html?rbid=1189&element_id=11 59000866

I will highlight the part that I believe is the reason they were delisted, despite filing the necessary, and late, 10-k...

=-=
"(e) Notwithstanding the foregoing paragraphs, a member shall not be permitted to quote a security if:
(1) while quoted on the OTCBB, the issuer of the security has failed to file a complete required annual or quarterly report by the due date for such report (including, if applicable, any extensions permitted by SEC Rule 12b-25) three times in the prior two-year period; or"
=-=

Here's the deal,
They have actually been late, and filed NT's, 4 times in the last 11 months. They simply got popped for it.

Still the same company... er wait, is that a good thing? No, but who cares, really? I am not in this for the long term investment. They diluted like mad, which made it hard to see bottom, and I will admit, I missed it. But, I also see that the MM's have taken the brunt of a lot of the dilution, as have shareholders over the last month or so. However, none of us want to sell down here. So maybe the MM's will still run it? They have a lot of shares now, and the numbers say yes (volume and price takedown)...

Aside from that, I wanted to share why they were delisted, as I was unaware of the "3 strikes and you're out" rule, until today.

I saw A LOT of companies get axed for it today, pretty interesting, and something to be aware of...

http://www.otcbb.com/asp/dailylist_detail.asp?d=04/26/2007&mkt_ctg=OTCBB

[kpiotr]

Thanks, skip.

So now they can only be quoted on the pinksheets...

What will LDHIE have to do to be put back on OTCBB as LDHI ?

I understand that their stock price will still respond nicely to good news as the company is NOT going out of business