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Rakhi Vasavada
Rakhi Vasavada , Financial and Legal Consultant
Category: Finance
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Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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Under SEC rules, can a publicly

Resolved Question:

 Under SEC rules, can a publicly quoted Company which is on the pink sheets, and which has not filed any accounts for the last 12 months, issue its Companies shares?
Submitted: 5 years ago.
Category: Finance
Expert:  Rakhi Vasavada replied 5 years ago.

Dear Friend,

 

No.. They cannot issue shares unless they are Current on their filings. For Reference see http://www.otcbb.com/faqs/otcbb_faq.stm#Listing

 

I am sure this would help...

Warm Regards,

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