Replies to post #15639 on Rock Ridge Resources, Inc. (RRRI)

[a_charting_god]

i dont understand a word of it do you...?

[Irgitupp]

Piggyback qualified? I think I can do my own DD?:-)

from the file TNOG send to the pinks:
(i) constitutes "adequate public information" concerning the Securities and the Issuer, and "is available" within the meaning of Rule 144(c)(2) of the Act;
(ii) includes all of the information that a broker-dealer would be required to obtain from the Exchanges Act;
(iii) complies as to form with Pink Sheet Guidelines for Providing Adequate Current Information, which is located at
http://pinksheets.com/pink/otcguied/disclosure_guidelines.doc; and
(iv) has been posted to Pink Sheets News Service.

Me: Could it be that TNOG wants to add Market Makers for the stock because of thinly trading?
Read on:

from:
http://www.pinksheets.com/pink/otcguide/issuers_getquoted.jsp

Finding A Market Maker to Sponsor Your Company
There are over 200 market makers that participate in the Pink Quote system. Only one market maker quotation is required to be considered a Pink Sheets security; however, not all market makers are willing to file a Form 211. Many market makers will begin to quote a security after it becomes "piggyback qualified" and they can do so without filing the Form 211
Pink OTC Markets cannot recommend specific market makers. However, market makers listed in our Service Provider Directory welcome potential issuers to contact them to discuss making a market in their company's stock.

Me: Aha?: welcome potential issuers to contact them to discuss making a market in their company‘s stock. So if the Issuer is complying with the filing they can discuss this further.

Listing Requirements and Fees
There are no listing requirements to be a Pink Sheets company. Current financial information must be submitted with the Form 211. Current FINRA rules do not require the financial statements of Pink Sheets issuers to be audited, but they should be prepared in accordance with GAAP or, for foreign issuers, in accordance with their home country's accounting standards.
:::::

Piggy-Back Rule
A "piggyback qualified" security is one that meets the frequency-of-quotation requirement described in SEC Rule 15c2-11(f)(3). The frequency-of-quotation test or "piggyback" exception is based on whether a broker/dealer has itself published quotations in the security in the applicable interdealer quotation system on at least 12 business days during the preceding 30 calendar days, with not more than four consecutive business days without quotations. Once this criteria has been satisfied, authorized participants may register on-line in a security. As long as the security remains piggyback qualified, any participant may quote the security without a Form 211 submission.

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Anyway! I support of and suggest to TNOG to contact Market Makers to quote their security because of this thinly trading and unable to get out of a simple ASK price with strong news....