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News Focus
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Tin-Berrygood

05/17/10 4:57 AM

#90628 RE: Irons3 #90627

I show 5/20/10...I don't know if there are any other circumstances that extend that date but it also says on the OTCBB web page :

"The Removal Date is generally two business days following the grace period expiration date"


I hope they can make it in time..

Aloha
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bar1080

05/17/10 6:14 AM

#90629 RE: Irons3 #90627

deadlines >>> they had 3 or 4 days to answer shareholder emails before most people would blow their stacks and dump their remaining shares. they had about the same time to put out a pr. both periods are long over

last year i said that i no longer saw hrcts advantage in being a reporting company >>> especially after they made loans of about $900,000 to unidentified 'sales agents'
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Franz Beckenbauer II

05/17/10 8:44 AM

#90630 RE: Irons3 #90627

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.

Franz ;-)