ENTB - Ok, here it is.. Just got this email from OTC MARKETS..
April 16, 2014
XXXX,
Companies must have a bid price of .01 or greater on at least one day from 04/1/2014 to 04/30/2014 in order to remain on OTCQB. If a company is removed as of May 1st and would like to re-qualify they’d need to meet the following requirements:
Initial Requirements
• Meet an initial bid price test of $0.01 as of the close of business for each of the previous 30 calendar days
• Complete and submit OTCQB Application and applicable fees
• Be current in all periodic reporting requirements on EDGAR (or for companies not required to file on EDGAR, post
SEC disclosure on the OTC Markets website)
• Post on the OTC Markets website:
OTCQB Initial Certification (see attached for details on Certification requirements)
Ongoing Requirements
• Meet an ongoing minimum bid price test of $0.01 as of the close of business for at least one of every 30 calendar days
• Post current SEC disclosure on EDGAR, or for companies that do not file on EDGAR, post current SEC disclosure on
the OTC Markets website
• Post on the OTC Markets website:
OTCQB Annual Certification
I’ve attached our fact sheet for reference regarding OTCQB changes.
Best regards,
Ed McCann
Issuer and Information Services
304 Hudson Street 2nd Floor
New York, NY 10013-1015
T +1 (212) 896-4471
edward@otcmarkets.com