Loantech,
I know you asked Joe, but let me try to answer your questions.
OTCBB: The company needs to file all past due financials with the SEC before they can be listed on OTCBB. They are behind the timeline they provided in March but I believe they are working hard to complete the financials. If you noticed, they filed a 8K last week where the BOD approved the FY end date from June 30 to December 31. This schould help the company to achieve a reportable status with the SEC sooner than later because they will not have to file a 10K (much longer filing) for 2007 until after this year.
Pretty smart move by the company IMHO.
Mine permit: I think the company will need to upgrade some equipment for them to get a full commercial permit but they are allowed to produce certain quantity with the current permit.