Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available.
The Limited Information category also includes companies that may not be troubled, but are unwilling to meet OTC Markets Group's Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the OTC Disclosure and News Service or have made a filing on the SEC's EDGAR system in the previous six months.
TADF was late in filing their financial reporting, that is all. This is not uncommon for OTC stocks and is nothing major, especially when the complexity of a merger is factored in.
There is clearly a short interest in TADF and there are some posting on this board that will do anything to create panic or sow rumors.
Be aware of that and recognize this. Then ignore it. We are waiting for the merger, and not here to help a shorter cover.
They are most likely late in a report due. Perhaps the merger issue has something to do with it but is a warning sign. "Yield limited information" means that precisely, the company is not 100% transparent. Don't get me wrong, this is a very good stock, but one must know and weight in all the facts. GLTA
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