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smc9556702

01/31/11 2:20 PM

#1888 RE: tob999 #1887

He can always sell new shares before then though to raise capital or in the agreement with NexPhase lighting., so it might be prudent to watch the filings closely.
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six_eight15

01/31/11 2:24 PM

#1889 RE: tob999 #1887

I have no intention on being on "Team Dror", but something tells me uplist by March 15 is unlikely. According to the shareholder letter the company plans to begin the audit of past and present financial reporting. Even if they can get all that done in a month, there has to be some kind of application process and review that takes uplisting out of the companies hands. We'll probably get a news release from InfoSpi at some point explaining some delay for uplisting that is "out of their hands".

This is pulled from the recent letter to shareholders"

In order to fulfill these financial reporting obligations, InfoSpi, Inc. engaged Randall M. Drake, CPA, PA, Clearwater, Florida, who is registered with the Public Company Accounting Oversight Board, to conduct the required financial audits and reviews to make sure that the Company's past, present and, indeed, future reporting is, and remains, in compliance with our SEC reporting obligations.. Over the next few weeks, we believe that the Company will be able to begin, if not complete, the filing of these reports in order to not only be fully compliant, but to restore its ranking amid the OTC Markets Group, Inc., "OTCQB" market tier.