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Wednesday, October 22, 2014 7:12:19 AM
Also, the exchange used to trade on is all-but immaterial…
Briefly (more on this below), a registration on the now demised OTCBB would have been an uplisting in this trader’s opinion (stronger requirements) but we are mincing words...
What matters most is RIGH continues to get their administrative house in order:
RIGH. " Takes Steps Toward *”Registering” Genius Bio Tech and name/ticker change.
(*Since “Uplisting” is such a hotly debated word)
BG Medical Registered in Nevada …
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107379088
First in Talks to Buyback Shares:
http://www.otcmarkets.com/stock/RIGH/news/Bud...41&b=y
Then Shares are Boughtback and O/S and A/S Lowered:
http://www.otcmarkets.com/stock/RIGH/news/Buy...26&b=y
New Subsidiary Announced to Be Registered As Delaware C-Corp:
http://www.otcmarkets.com/stock/RIGH/news/New...59&b=y
Genius Bio Tech Registered, As Promised:
Registered as Delaware C-Corp:
http://geniusbiotech.com/
Per Deleware SOS:
Entity Details THIS IS NOT A STATEMENT OF GOOD STANDING
File Number: 5604319 Incorporation Date / Formation Date: 09/16/2014
(mm/dd/yyyy)
Entity Name: GENIUS BIOTECH CORPORATION
Entity Kind: CORPORATION Entity Type: GENERAL
Residency: DOMESTIC State: DE
REGISTERED AGENT INFORMATION
Name: CORPORATE CREATIONS NETWORK INC.
Address: 3411 SILVERSIDE RD #104 RODNEY BUILDING
City: WILMINGTON County: NEW CASTLE
State: DE Postal Code: 19810
Phone:
https://delecorp.delaware.gov/tin/controller
Angel Announced the Way Has Been Cleared for Name Change:
http://www.otcmarkets.com/stock/RIGH/news/BG-...74&b=y
Then the Name Change is Declared:
http://www.otcmarkets.com/stock/RIGH/news
Angel Mentions He is Looking For More Financing:
Page 9: http://www.otcmarkets.com/financialReportView...;id=125532
"...Management does not believe that cash from operations will be sufficient to meet its cash obligations, and it will be required to raise additional capital through private securities offerings to fund its research, development, and the planned expansion of its operation."
Then Announces He Has Found an Angel Investor:
http://www.businesswire.com/news/home/2014082...l-Investor
Angel Declares He's Taking the Company From Black to OTC Pink Current:
http://www.otcmarkets.com/stock/RIGH/news/BG-...74&b=y
RIGH Completes Filings And Upgraded to OTC Pink Current:
http://www.otcmarkets.com/stock/RIGH/news/BG-...39&b=y
http://www.otcmarkets.com/stock/RIGH/news/BG-...11&b=y
That is correct, “there are only THREE (3) OTC marketplaces currently open for business. And each has its own minimum requirements:"
Briefly (more on this below)…
1.OTCPink- the "stinky Pinkies", where RIGH currently trades, or
2. OTCQB- which has a minimum bid requirement of .01 (one penny), or
3. OTCQX- which has a minimum bid requirement of $5 (five dollars).
Full requirements are here:
http://www.otcmarkets.com/marketplaces/otc-pink
http://www.otcmarkets.com/marketplaces/otcqb
I can name at least one other MJ ticker that during 2014, kept its primary operating company listed on the OTCPink Exchange and followed through on plans to register a second “subsidiary” on the OTCPink Exchange, very similar to what RIGH has announced plans to do…
A two for one deal, and potential "uplisting" to the QB…
Briefly (new exchange yet to be announced after the OTCBB was proclaimed ended by Finra)...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107091912
I trust in Angel, he is following through on what he promised to do in 2014...
Best to all.
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