INELIGIBLE Definition

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INELIGIBLE is securities not quoted on the OTCBB. A Form 211 and two copies of the issuer's information must be filed with the FINRA OTC Compliance Unit no less than three business days prior to the publication on the OTCBB in order to obtain clearance that will grant the security OTCBB eligible status.

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SURVEILLANCE is close watch kept over someone or something.

REASONABLE CERTAINTY is the degree of certainty that would be found to be in existence by a reasonable person.

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