InvestorsHub Logo
Followers 167
Posts 31959
Boards Moderated 1
Alias Born 01/26/2005

Re: garrett800ca post# 48

Monday, 03/09/2009 1:11:02 PM

Monday, March 09, 2009 1:11:02 PM

Post# of 212
OTCBB Listing Requirements refresher:

#fully reporting with the Securities and Exchange Commission,

#not a black check or inactive company,

#minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),

#directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,

#must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.

http://www.venturelawcorp.com/listing_requirements_OTCBB.htm


Some sheep are smarter than others.