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Microcap & Penny Stocks : BLHG, Fast Track Growth in China -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Hicks who wrote (3831)10/4/1999 2:58:00 PM
From: campe  Read Replies (1) | Respond to of 4080
 
TH, I believe you are correct...

From otcbb.com

To remain eligible for quotation on the OTCBB, an issuer must remain current in its filings with the SEC or applicable regulatory authority. A member would be required to inform the NASD of the issuer's reporting schedule. Based upon that schedule, the NASD will affix a modifier on the security's symbol if the NASD has not received information that the report was timely filed.\11\ The addition of the modifier to the symbol, as well as any changes to the symbol necessary to accommodate the modifier, will be publicly reported on the OTCBB Daily List, which is available to market makers and investors through the OTCBB web site at otcbb.com. Once an issuer is delinquent in filing a required report (e.g., Form 10-K, Form 10-Q, Form 20-F, Insurance Company Annual Statement, or call report), a security of the issuer may continue to be quoted on the OTCBB for a 30 or 60 calendar day grace period from the due date of the report, depending on the type of issuer. After the grace period, quotations in the security of the delinquent issuer would not be permitted on the OTCBB.

And BLHGE's grace period is up at the end of the week.