Wolverine Resources Corp (WOLV)

[chemist99]

from the OTC website:

"...Beginning this year, OTCQB companies will be required to meet new eligibility standards aimed at improving the information available to investors. Companies will be required to meet a new $0.01 bid price test, provide additional information, and submit an annual OTCQB Certification signed by the CEO or CFO..."

link: http://www.otcmarkets.com/home

does that mean the bid has to be at a minimum of $ 0.01 at all times? and, if not met, will that stock be downgraded to a pinksheet stock??