Replies to post #127514 on Golkor Inc (GKOR)

[creapingman]

If any one is hanging their hat on up listing to increase the pps, dream on. They just started the 211 process, and that takes time. Plus what benefit does moving up do for us when all the facts remain the same, Just a different exchange, same price for us based on what we have.

[NeomRocket]

Thanks for clarifying....

[admaiora]

we are heading to the .0040- .0060 range

[AbrahamS]

"Uplisting" is a 3 to 6 month process, so don't hold your breath for that.
It is very possible that they are being so tight-lipped because it was disasterous when a little came out at Christmas time. That taught them a lesson; always wait until you have the complete, entire story to report. In this case, "entire" might mean more than just the RR results. IMHO.
As you can see below, I already posted the following last week...
How long to go from pinkies to OTCBB?
Here are a few possible answers...

SOURCE: http://www.spartansecurities.com/forms/otcbb.pdf
These forms appear to be straightforward in terms
of information required there are a million nuances
and other SEC rules and regulations that govern
what information is required and how it is presented.
You need to hire a qualified securities attorney and
be prepared to pay $30,000.00 plus and expect a 3
to 9 month process in order to get your registration
declared effective.

_________________________________________________________

Source:
http://www.joenoelstocks.com/uncategorized/joe-noelupdates-on-selected-companies-%E2%80%93-bmgptzpc-biel-and-opmg/comment-page-1/

The following two posters are discussing the amount of time it is expected to take a company to move from the pinkies to the OTCBB>
Mike H June 1, 2010 at 2:35 pm
Jack : no that is NOT FALSE – go look it up yourself, and Joe and Andrew have echoed the same time frame in the past too. The 45-60 days is the AVERAGE time taken to uplist to OTCBB from Pinks, starting from when the MM (not BIEL, but the MM) initially submits the application to FINRA. There is usually back and forth between FINRA and the MM a few times until FINRA are satisfied, then they uplist. This process is on average 45-60 days – that comes from the horses mouth.
To list on OTCBB (or pinks) as a NEW entity I think involves SEC approval first and that can take up to 6 months or more. BIEL has I guess already done this part as they are trading on Pinks already. This point I am not 100% sure on though. There was a big argument about this on Google a while back because someone thought OTCBB listing needed SEC approval first before the 45-60 day period FINRA usually take to process the application.
Joe / Andrew, as usual, were not clear in this post – Joe said the application is being “prepared by one of the broker-dealers for filing with FINRA”. Whether that is the initial filing, or whether it has been going back and forth already and is currently in the MM’s hands is not clear. If it has been going back and forth already, then yes, that means FINRA approval could be just around the corner, BUT be aware that when Joe / Andrew has made ambiguous comments like this in the past, it has almost always turned out to be the worse of the possible interpretations. You must realize this by now, how many times have we seen this already over the last 9 months?
"Try not to be so defensive. If you had done research you would know 45-60 days is the average turnaround from initial application to approval/denial with OTCBB. That is not to say it can’t happen sooner though, that is just an average.
Chill."
Mike H June 1, 2010 at 2:59 pm
Jack :
http://www.otcbb.com/faqs/otcbb_faq.stm
That mentions the requirements, the process (about MM’s and the back and forth) but does not give specific time-frame as it depends how long it takes MM to respond to FINRA’s questions – which is what I said. The AVERAGE is 45-60 days – that is a guideline, not a rule. That link also confirms the SEC requirement I mentioned.
The following gives the 45-60 day average:
http://www.spartansecurities.com/forms/otcbb.pdf
Here’s another MM that says 4-6 months, but I am guessing that includes the SEC requirement:
http://blog.bridgec.com/

[mappo]

74Sting .... Kat won't do things according
to your timetable.
Kat won't rush to put out a PR just for a few impatient shareholders.
If I worry about a sell-off, I would sell today before that happens.
If I worry about bad RR results, I would sell today before that result comes out.
The fact is, I won't sell any of my shares because I have no worry at all.
With KAT's long list of properties, why worry ?
With Ken's professional experiences and his excellent team, why worry ?
Before news & PR, now is the best timing to accumulate.
Who knows, maybe the cheap-share days are over when news come.
That's my opinion only.