Again let me explain it to you in simpler terms!
Any grey sheet stock company does not have to report, PERIOD!
EXBX which is in the grey market has always reported, PERIOD!
I will guarantee you they either file or file for an extension, PERIOD!
They are filing even though they are in the grey sheets and not required to do so, so they can eventually go to the OTCBB, PERIOD!
Being a reporting company is required to go to the OTCBB and they are reporting even though it is not required, PERIOD!