RE:SEC and Nickel 28?
TSX Trust Company is a company in Canada which handles Voting/Proxy/etc for companies. Nickel 28 uses this company for it's filing/voting requirements etc.
I contacted them and was told Nickel 28 didn't file the paperwork necessary to continue trading on the US exchange (although they are in Canada they were suprised they didn't).
Nickel 28 needs to file the paperwork and send to SEC/OTC so they could regain compliance. This would also increase trading volume in the security
I believe you are correct the OTC is a parallel market. I think more shareholder's need to ask the company why they haven't filed the paperwork.
Considering they have 1 paying royalty and 4-5 people taking salaries I would think someone at Nckel 28 would have time to submit the paperwork.