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Insufficient Audit Opinion May Result in Non-Compliance w/Eligibility Rule
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Certain issuers whose securities are currently quoted on the OTCBB have been determined not to meet the requirements of the Eligibility Rule. Specifically, it has come to the attention of the NASD that the public filings of these issuers do not comply with the requirements of the federal securities laws (e.g. SEC Regulation S-X, Rule 2-02). Generally, this is a result of the issuer's most recent annual report containing an audit opinion that was adverse, disclaimer, qualified or not provided. Accordingly, the NASD will append these issuers' symbols with a fifth character "E." Unless the NASD receives information within 30 calendar days indicating that the issuer meets the requirements of the Eligibility Rule, the issuer's securities will be removed from the OTCBB. If you have any questions, please contact:
OTCBB Filings Department
9801 Washingtonian Blvd.
Gaithersburg, MD 20878-5356
301-978-8095
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