If by some chance SNEY does not make the bid requirement of 0.01 by before May 1, 2014 and we go to the OTC pink, we have to do the following to re-join the OTCQB:
Initial Requirements
SEC Reporting Companies
• 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: 4OTCQB Initial Certification (see below 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: 4OTCQB Annual Certification
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