Replies to post #11204 on United States Oil and Gas Corp (fka USOG)

[LetItRide]

USOG doesn't have a choice but to stay on top of their reporting,... unless they don't care about loosing the OTCQB rating they currently enjoy.

There are guidelines for obtaining and keeping your rating. So if they want to keep the rating they have, the need to keep the reporting current.

I expect USOG to be uplisted on the NASDAQ or AMEX one day, but that's many years away in my opinion. Right now, they need to get rid of all the debt they can. If that means a reverse split, so be it. They've had two splits since 2007. Don't be surprised if we don't see a split before the EOY.