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CoodBMoney

08/23/13 3:38 PM

#2470 RE: hampstead #2469

You often speak w/ Ronald. I could, but perhaps it would be better if you ask him the following. You & I both expressed frustration with RHCO stating long ago how they plan to upgrade their status from OTCPink to a higher classifications which is (next step up) OTCQB or the Highest OTCQX. Are they still working towards that??? I understand they are not located in the US & that causes problems. But, Posting Quarterly & Annual Financials within a certain time frame to meet US requirements as well as meeting Blue Sky requirements are all things they should either be working on themselves or hiring companies that will do if for them.
If I remember correctly, Companies listed on the higher exchanges (NYSE and top level NASDAQ) do not have to worry about Blue Sky Laws. But, companies on the lower levels have to meet Blue Sky requirements or BROKERS cannot Legally recommend the stock in any state for which they do not meet that states requirements...