Th rules are the rules, the SEC has nothing to do with where the stock is listed. The rules of the OTC market are if you are delisted, to regain listing status you need to remain in compliance for 1 full year. As for the SEC audit, thats what Raley says, has anyone verified the story through the SEC yet if this audit actually really happened? I can tell you I've become the Pope, that doesn't mean it actually happened. The Ness story fell apart, we'd never use 1.25 billion shares, we'd never use the 6.5 billion shares.
I know you want to believe him Mike, but many people just don't trust his words anymore. The company hasn't done anything in the last 10 months to increase production or revenues. Even if the CD holders are careful, your still looking at another 17.6 billion shares, and thats only if the bid stays at .0003, and you know even if the CD holders only add 500 million a month, the PPS will drop. There is no take it easy no matter how you look at it, dilution is still dilution. As long as there is no revenue growth, the PPS will continue falling. Th CD holders aren't going to dilute slowly over 4 years to get repaid.
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