Wednesday, October 04, 2017 7:37:12 PM
Penny Stock Rule Meet one of the following exemptions detailed below:
Net Tangible Assets:
$5 million: Less Than 3 Years Operations
$2 million: 3+ Years Operations
OR
Revenue:
$6 million average for last 3 years
OR
Bid:
$5; and
One of the below:
Net Income: $500,000
Net Tangible Assets: $1 million
Revenues: $2 million
Total Assets: $5 million
Bid Price $0.25 $0.10
Market Capitalization $10 million $5 million
Priced Quotes by
Market Makers on OTC Link 1 2 (within 90 days)
Shareholders 50 beneficial shareholders each owning at least 100 shares 50 beneficial shareholders each owning at least 100 shares
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