Epgl is full of it -
What is an Uplisting?
An 'uplisting' is the process of moving a stock to trade on a higher exchange. In the penny stock arena, the most common uplisting is from the PinkSheets to the OTC Bulletin Board (OTCBB). While it is possible for an OTCBB stock to uplist to a big board such as the NYSE or Nasdaq, it is a very rare occurrence. The reality is that few penny stocks actually succeed to the point that they meet the requirements of a listing on a big board. Stocks that are able to uplist, are showing real promise to be considered as a good investment.
An uplisting is a sign of continued growth and success. Once again, however, BEWARE OF COMPANIES THAT PROMISE AN UPLIFTING AND NEVER SEEM TO DELIVER. It is often only a ploy to create buying which the company can sell shares into. No deadlines, missed deadlines, and scarce information on the companies financial performance are all TRD FLAGS when a company is promising an imminent uplisting. Uplistings take a substantial amount of time and money due to the required audits, paperwork, and legal issues. If the company has never issued any reports of their performance, chances are that they either have a long way to go to become uplisted, or have no business being uplisted in the first place.
