Please add TLFA

[Sam1]

Please can you add the following:

TLFA (OTC Markets): Tandy Leather factory

Many thanks

[krr13]

Hi @Sam1 as this is an OTC share it needs to meet certain criteria to be added.

Planet 13 & Very Good Food Company

To qualify as “Penny Stock Exempt” on the OTC Markets, an issuer must satisfy one of the following requirements: (i) the issuer’s securities have a minimum price greater than $5 per share; (ii) the issuer has average revenues of at least $6 million for the last three (3) years; or (iii) the issuer has net tangible assets exceeding $2 million, if the issuer has been in continuous operations for at least three (3) years or $5 million if less than three (3) years.

[Sam1]

That is unfortunate. I understand that TAFL is a microcap but it has a long history 25yrs+ of operations with annual revenue of 80mil/yr that recently delisterd from nasdaq and (hopefully) will relist shortly. The only of the above criteria it doesn’t satisfy is the share price just (currently 4.40) but it is not a penny stock with high volatility. Is this a hard and fast rule and would it only be added were stock price to rise another 15%?

[Sam1]

@krr13 can this now be added as it above $5 stock price?

[Joey_Fantana]

They have a ‘Delinquent SEC Reporting’ warning against them so that might be preventing them from being given PSE status.

In any case I think the avg volume of ~11k is not high enough for 212 to add. They need volume to average over 1.5m I’m afraid.