The following is from a communication with someone from the Issuer and Information Services at OTCMarkets, in answer to my question as to the lack of filing by PNBC, Inc.:
“They appear to be delinquent with their SEC filings. The 10Q was due August 14, 2012. They posted a document that gave a 5 day extension which has now lapsed.
We consider them to be SEC filers unless they file a Form 15 to deregister the stock. That would require them to have less than 1,200 shareholders of record according to the recent JOBS Act.”
I’m pretty sure they have fewer than 1200 shareholders, but I don’t see where they have filed a form 15.