Re: Sounds like it's buy time to me!
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Message: Re: Sounds like it's buy time to me!
From IHUB- APH Board:
|
Posted by: SurfinNj |
Date: Friday, August 08, 2008 5:25:13 PM |
| In reply to: None | Post # of 1898 |
Update.................................
Emails I sent to Scott Young, and responses:
Question: Scott....................has a market maker filed form 211 to be listed on the OTCBB?.....(or, is there an exempton from that form, since they are listed on another exchange?....tia
answer: No exemption available - waiting for market maker - (seems to be the nature of our business - waiting for someone else to get their part done)
question: Ok, so no exemption......Are all required financial statements now in their hands? The last statement by Dr Owen said they needed 2 more qtr's of financial statements.....So, do they need the 3rd qtr this year(which I guess they wouldn't get until Sept-Oct?......or, did the 2nd qtr this year fulfill the requirement?......tia
Also, would the filing of the Form 211 be an event that would be Pr'd by the company?.....It seems that many companies do issue a pr on that........
It seems that you might have wanted to PR that the default filing status was lifted?
answer: On the Default Issuer item - we issued a news release on July 22 stating that we had filed all required documents. To issue another one would just be re-stating what we already said.
Everything has been filed on Edgar and we are current as per SEC requirements. The 15C211 is filed by the market maker and is not an Alda produced document. The actual filing is not material - the start of trading obviously will be - we will certainly make sure the market place in the US and Canada is made aware of that event. SY
Emails I sent to Scott Young, and responses:
Question: Scott....................has a market maker filed form 211 to be listed on the OTCBB?.....(or, is there an exempton from that form, since they are listed on another exchange?....tia
answer: No exemption available - waiting for market maker - (seems to be the nature of our business - waiting for someone else to get their part done)
question: Ok, so no exemption......Are all required financial statements now in their hands? The last statement by Dr Owen said they needed 2 more qtr's of financial statements.....So, do they need the 3rd qtr this year(which I guess they wouldn't get until Sept-Oct?......or, did the 2nd qtr this year fulfill the requirement?......tia
Also, would the filing of the Form 211 be an event that would be Pr'd by the company?.....It seems that many companies do issue a pr on that........
It seems that you might have wanted to PR that the default filing status was lifted?
answer: On the Default Issuer item - we issued a news release on July 22 stating that we had filed all required documents. To issue another one would just be re-stating what we already said.
Everything has been filed on Edgar and we are current as per SEC requirements. The 15C211 is filed by the market maker and is not an Alda produced document. The actual filing is not material - the start of trading obviously will be - we will certainly make sure the market place in the US and Canada is made aware of that event. SY
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