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Re: Myth post# 89012

Thursday, 05/28/2015 8:35:21 PM

Thursday, May 28, 2015 8:35:21 PM

Post# of 220909
And costs $10K per year. OTCM was smart...when OTCBB was shut down they had the market cornered for non-exchange traded SEC filers. At first that was the reason QB existed to allow for that distinction...but then with no competition they arbitrarily assigned the 0.01 minimum and $10K fee. So now SEC registrants also sit on the pinks as well who don't fork over the money or maintain the 0.01 bid.

For an SEC registrant, meeting the SEC's requirements will, by default, keep a stock current on OTC's requirements....QB or pink.

But going delinquent as an SEC filer has much more significant ramifications than not paying the QB fee and getting bumped back to pink.

There is really no comparison.

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