Innovation Pharmaceuticals Inc (IPIX)

[F1ash]

It doesn't look to me like they added anything scary to the requirements. I see nothing to make me think CTIX has anything to hide that would be exposed by these new requirements. It does add fodder to the doubters though.



Comply with New OTCQB Requirements

OTC Markets Group is making changes to OTCQB® to make it a better venture stage marketplace. Companies will be required to meet eligibility standards aimed at improving the information available to investors. Companies traded on OTCQB will receive access to Real-Time Level 2 quotes and the OTC Disclosure & News Service to improve the information experience for their investors.
Summary of Requirements for Companies

To be eligible for OTCQB, companies will be required to:

Meet a minimum bid price test of $0.01. Securities that do not meet the minimum bid price test will be downgraded to OTC Pink
Submit an application to OTCQB and pay an application and annual fee
Submit an OTCQB Annual Certification confirming the Company Profile displayed on www.otcmarkets.com is current and complete and providing additional information on officers, directors, and controlling shareholders

http://www.otcmarkets.com/learn/otcqb