Tuesday, September 02, 2014 4:50:17 PM
To be eligible for OTCQB, companies will be required to:
Meet a minimum bid price test of $0.01. Securities that do not meet the minimum bid price test will be downgraded to OTC Pink
Submit an application to OTCQB and pay an application and annual fee
Submit an OTCQB Annual Certification confirming the Company Profile displayed on www.otcmarkets.com is current and complete and providing additional information on officers, directors, and controlling shareholders
Current U.S. SEC Reporting and Bank Reporting companies, as well as for the first time, International Reporting companies listed on a Qualified Foreign Stock Exchange, will be eligible for OTCQB. Click here for more information on requirements for each of the Reporting Standards.
Securities of companies that do not either meet the OTCQB standards or qualify for OTCQX will likely continue to be traded by broker-dealers on OTC Pink.
all posts are the opinion of the poster
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