Replies to post #2796 on Rvplus, Inc. (fka RVPL)

[mlb4nd]

they chose to buy a vowel!

[Keith Stone]

From the SEC website:

www.sec.gov/answers/eadded.htm

"E" Added To Stock Ticker Symbol

When a company that trades on the Nasdaq Stock Market or the Over-the-Counter Bulletin Board (OTCBB) falls behind in its reporting obligations with the SEC, the letter "E" is appended at the end of the company's stock ticker symbol. New York Stock Exchange-listed companies that are late in filing required reports to the SEC have the initials "LF" added to the end of their stock ticker symbol.

Markets have different approaches to companies that don't file required reports in a timely manner, or that file incomplete reports. For instance, on the OTCBB, after the "E" is added, the company is given a "grace period" to submit a complete report, typically 30 calendar days for U.S. companies and 60 calendar days for most U.S. banks and non-U.S. companies. If the company files complete required reports during the grace period, the "E" will be removed; if it does not, the company's stock symbol will be removed from trading on the OTCBB. For more information, please read the following:

FINRA Rule 6530

Hopefully the filing will be completed during the grace period, could be rather serious if unresolved. Bad news never gets better with age, and the people at RVPL are smart enough to know that. Hopefully this is just a simple delay and nothing serious to the business. I'm not an accountant, but I would imagine that there could be a lot of work to do if there are actually financials to report relating to all of the new contracts. And much of this may be new territory to the folks at RVPL. I will give them the benefit of the doubt that they are doing what's best.

Keith