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Annual Reports on Form 10-KA 10-K is an annual report containing primarily the same accounting and disclosure information that you included in your SEC registration statement as well Sarbanes-Oxley Certifications.This report is due no later than 90 days after the end of each fiscal year. CAUTION: IF YOUR STOCK TRADES ON THE OTCBB, FAILURE TO MAKE THESE SEC FILINGS ON A TIMELY BASIS HAS DIRE CONSEQUENCES. Under NASD Rule 6530, if you file these Q’s or K’s late three times in a 24-month period, your securities will be dropped from OTCBB listing and relegated to the Pink Sheets for at least one full year. If removed for failure to file two times in a 24-month period, your securities will be ineligible for quotation by an NASD member, meaning in effect your securities will not trade for one full year. Following removal from the OTCBB under this rule, your securities would again become eligible for quotation on the OTCBB only after you have filed the above SEC reports for one year in a timely manner. |
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