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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Robert Rice who wrote (10340)2/22/1999 1:49:00 AM
From: Fred Seitel  Read Replies (1) of 12043
 
Once EUTO is in compliance with the OTCBB Eligibility Rule, EUTO will be filing electronically on the SEC's EDGAR system, I believe. The EDGAR system is reached at this link:

sec.gov

I searched it yesterday for "EUTO" and "Eutro" and found nothing.

I think the FAQ issued by the OTC indicated that it could be a couple of months or longer from the time a Form 10 or Form 10SB is filed before all of the hurdles are jumped and a security is considered to be in compliance with the Eligibility Rule. So any company that doesn't want to be dropped from the OTC BB system had better start the process of meeting the requirements well in advance of the drop dead date. (See Q4/A4 of the FAQ at this link; the duration is somewhat ambiguous:)

otcbb.com

I don't know where (if anywhere) on the web one could verify that a Form 10 or Form 10SB was filed.

The OTC FAQ (see Q7/A7) stated that the OTC web site sometime in the future will indicate which companies are in compliance with the Rule. And during the 30 day period before dropping a stock (or 60 day period for certain securities) from quotation, a 5th letter or symbol will be added to the trading symbol. We investors should keep our eyes open for trading symbol changes.

- Fred
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