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Re: lowtrade post# 43788

Monday, 10/20/2014 4:26:27 PM

Monday, October 20, 2014 4:26:27 PM

Post# of 47295
They charge the Issuer for News, Information and Disclosure service, so for example to achieve a "Current" tier status as a Non Reporting Pinksheet, you have to file disclosures and keep them up to date but you also have to pay an annual fee of $7500 for those services.

Up until February of this year the OTCQB was a free for all, basically any SEC Filer was given the QB tier without question and not charged. That stopped as of May, in order to be on the QB tier you now have to have a minimum of .01 per share price, current in reporting and pay a $10,000 annual fee, there is an additional $2500 for first time applicants.

The cream of the crop OTCQX, $5000 initial fee along with an annual fee of $15,000. They use a third party disclosure called a "DAD", that firm, attorney or company also pays a fee. Each (DAD) Designated Advisor for Disclosure pays an annual fee of $1000 and an initial fee of $1000.

http://www.otcmarkets.com/services/companies/otcqx-us/qualifications

So as you can see they rake in some serious cash just on annual fees alone, they also sell data packages and other services to broker dealers and qualified investors. Their stock has done quite well because of their new business plan:

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