Many of us woke up this morning to discover that DigitalAMN had a Yield sign next to its ticker! And DAMN, we must admit, it was not the best feeling. But don’t worry, it’s not as bad as it seems!
The OTC Markets Group, Inc. (“OTC Markets”) made a recent change to its formatting requirement for the filing of Financial Disclosure Reports. The change required us to use actual tables in our financial disclosure instead of images—as we had previously done for the past few years. Unfortunately, we simply missed that memo. They even sent us an email about it, but alas, we somehow missed that too.
Perhaps a bit busy with building our growing IP portfolio, or working with the .HipHop team to advance that holding forward, eh? Regardless, as a result, we have now temporarily received a Yield sign from the OTC Markets, consequently removing us from our usual ‘Current Status.’
But don’t worry, the DigitalAMN Team will never allow a technicality like actual tables vs. images get us down. We’re already on it and working to fix the issue.
If you’re a DigitalAMN shareholder, then you may recognize by watching us over the years that we take our reporting obligations seriously. Therefore, we want to assure the public that the moment we learned of the change, which mind you was today, we were on top of it. Based on the information and our understanding from OTC Markets, with a few quick fixes, we’ll have everything sorted out in no time.
We’ll continue to keep our current and future shareholders updated on the quick resolution of this matter, and we at DigitalAMN appreciate the continued support.
Stay tuned for more updates and check out our most recent blog Regulation D: Choosing Between 506(b) or 506(c).
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