Pink Sheets Current Information


The Rule reads:

Current Public Information.
Adequate current public information with respect to the issuer of the securities must be available. Such information will be deemed to be available only if the applicable condition set forth in this paragraph is met:

Non-reporting Issuers.
If the issuer is not subject to the reporting requirements of section 13 or 15(d) of the Exchange Act, there is publicly available the information concerning the issuer specified in paragraphs (a)(5)(i) to (xiv), inclusive, and paragraph (a)(5)(xvi) of Rule 240.15c2-11

of this chapter,

he following information, which shall be reasonably current in relation to the day the quotation is submitted and which the broker or dealer shall make reasonably available upon request to any person expressing an interest in a proposed transaction in the security with such broker or dealer:
  1. the exact name of the issuer and its predecessor (if any);
  2. the address of its principal executive offices;
  3. the state of incorporation, if it is a corporation;
  4. the exact title and class of the security;
  5. the par or stated value of the security;
  6. the number of shares or total amount of the securities outstanding as of the end of the issuer's most recent fiscal year;
  7. the name and address of the transfer agent;
  8. the nature of the issuer's business;
  9. the nature of products or services offered;
  10. the nature and extent of the issuer's facilities;
  11. the name of the chief executive officer and members of the board of directors;
  12. the issuer's most recent balance sheet and profit and loss and retained earnings statements;
  13. similar financial information for such part of the 2 preceding fiscal years as the issuer or its predecessor has been in existence;
  14. whether the broker or dealer or any associated person is affiliated, directly or indirectly with the issuer;

  15. whether the quotation is being submitted or published directly or indirectly on behalf of the issuer, or any director, officer or any person, directly or indirectly the beneficial owner of more than 10 percent of the outstanding units or shares of any equity security of the issuer, and, if so, the name of such person, and the basis for any exemption under the federal securities laws for any sales of such securities on behalf of such person.

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