Once again, as repeated just 1 quarter ago: There are no "regulatory" guidelines that dictate when small filers need to file.
OTC Markets has their own "standards" that can affect their status on their site. (Yield signs, stop signs, current, etc).
Not being an SEC filer gives leeway to smaller companies in the filing, and as long as there is not blatant or over extending delays, there is no penalty or repercussions.
AND, to head off the next argument......... there is no need for an Attorney Letter if in fact a company is beyond the OTC Markets 45 day window, if they file in a timely manner.
We really shouldn't have to re-visit this every quarter. I guess distractions are good for some.
Best.
Market Data 
Markets 
AI
