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Re: None

Saturday, 08/23/2014 1:17:52 PM

Saturday, August 23, 2014 1:17:52 PM

Post# of 163729
Reverse Merger Seasoning Rules for Uplisting.... Which imo is the only reason APT $MTVX would RS. We have quite a way to go before they choose to uplist. Fins of only the remaining entity are also required.

1. concluded a “seasoning period” by trading for at least one year in the U.S. over-the-counter market or on another regulated U.S. or foreign exchange following:

(A) in the case of NASDAQ, the filing with the SEC or other regulatory authority of all required information about the transaction, including audited financial statements (We note that the NASDAQ rule, in contrast to the NYSE and NYSE Amex rules, states that the audited financial statements must be “for the combined entity.” The Form 8-K filed within four business days following the reverse merger containing all of the information and financial statements required by the applicable items of Form 8-K, including Item 2.01(f) (commonly referred to as a “Super 8-K”) would not contain audited financial statements for the combined entity, but only for the operating company, with unaudited pro forma financial statements for the combined entity. The staff of NASDAQ has orally informed us that this variation was not intentional, and the financial statements required under Item 2.01(f) would be sufficient.); or

(B) in the case of the NYSE and the NYSE Amex, the consummation of the reverse merger and (i) in the case of a domestic issuer, has filed with the SEC a “Super 8-K” or (ii) in the case of a foreign private issuer, has filed all of the information described in (i) above on Form 20-F;

2. maintained a closing stock price of $4 (or, in the case of the NYSE Amex, either $3 or $2, depending on the applicable listing standard) per share or higher for a sustained period of time, but in no event for less than 30 of the most recent 60 trading days prior to the filing of the initial listing application and prior to listing; and

3. timely filed all required periodic financial reports with the SEC or other regulatory authority (e.g., Forms 10-Q, 10-K or 20-F), including at least one annual report containing audited financial statements for a full fiscal year commencing after filing the information described above.