IEH Corp common stock to move to OTC Pink No Information tier on Sept 28 due to SEC rule change

IEH Corp

Effective Sept 28, 2021, broker-dealers cannot provide quotes for IEHC common stock; trades limited to Expert market.
IEH has been delinquent in SEC filings and unable to provide required information to OTC under Amended Rule 15c2-11.
CEO says working diligently to become current in filings, anticipating resolution before end of 2021.
Reaffirms revenue guidance of 5-10% YoY growth for fiscal 2021 over fiscal 2020; $2.1M PPP loan fully forgiven.
Fiscal 2022 revenues expected lower due to COVID impact on commercial aviation, but recent uptick in air travel noted.

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