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Brad S

09/21/12 8:44 PM

#31798 RE: 236T568 #31797

I am trying to clarify for the readers of this board, EXACTLY whether OTC companies are required to file 8K's for material events?

I thought I already answered that question.
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samsamsamiam

09/21/12 8:58 PM

#31801 RE: 236T568 #31797

It comes across as a tad confrontational - and totally unnecessary.

Given the different levels of reporting with OTC companies - you are not going to get a black and white answer. I've seen some that do 8k's and don't bother filing 10q's or K's. I see some that include their material events in the 10k's and Q's and no 8k's. I see many that do whatever they damn please. And I see some that would argue if certain things are to be considered a material event and need to be reported at all.
Most responsible REPORTING OTC companies would file an 8K after a press release. And how exactly is one to know a material event has happened if not in a press release? From a poster that claims "I just got off the phone with the CEO...." I hope not.

How about you name the specific stock, whether it is a reporting stock, wether they have up to date filings, whether they have filed 8k's in the past and under what circumstances and perhaps an answer will appear that pleases you. Talking in generalizations does not work for the OTC market.