Full Alliance Group Inc. (FAGI)

[poco_trabajo_mucho_dinero]

BHGI uplisting to OTCQX?

OTCQX qualification

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

What is the OTCQX Market?

The OTCQX market is considered to be the top tier of the OTC market with the OTCQX US Premier Tier being its top band. Many companies join the OTCQX market as the final step towards a listing on the NASDAQ or NYSE.

OTC tier must meet certain financial standards as well as undergo a qualitative review. In addition, companies trading on the OTCQX must be registered with and reporting to the Securities and Exchange Commission (SEC) or with an appropriate banking or insurance regulator.

Specific rules for the OTCQX market include the following:

Ongoing operations. In other words, no shell companies, blank check companies or special purpose acquisition companies. Moreover, the company must be duly organized, in good standing under the laws of any jurisdiction in which the company is organized in and not subject to any bankruptcy or reorganization proceedings.
A minimum bid price of $0.10 for preceding 90 business days.
At least 50 shareholders who each own at least 100 shares of common stock.
Ongoing quarterly and audited annual financial reports that must be posted on OTCQX.com or EDGAR.
Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals to satisfy the Blue Sky requirements.
Finally, there is a $5,000 application fee as well as a $15,000 annual fee for companies to join the OTCQX market.