InvestorsHub Logo
icon url

mikeyk

04/30/09 2:34 PM

#25257 RE: MichaelMir #25253

No your wrong:

From SEC site:

"E" Added To Stock Ticker Symbol

When a company that trades on the OTC Bulletin Board (OTCBB) becomes
delinquent in its reporting obligations with the SEC (for example, it
submits a required filing late or in an incomplete form), the letter
E will be appended at the end of the company s stock ticker symbol.
After the E is added, the company is given 30 calendar days (60
calendar days for most foreign companies and domestic banks), known as
the grace period, to become current in its reports. If the company
files complete required reports during the grace period, the E will
be removed. If the company fails to correct its deficiency, the
company s stock symbol will be removed from trading on the OTCBB.