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Wednesday, April 22, 2015 8:09:27 AM
"All OTCQB companies must meet the minimum bid price of $.01 per share at the close of business of at least one of the previous thirty (30) consecutive calendar days; in the event that the price falls below $.01, the company will begin a grace period of 180 calendar days to maintain a closing bid price of $.01 for ten consecutive trading days;"
Link: https://www.otcquote.com/content/doc/otcqb/standards.pdf
So the basically have a grace period of 6 months to regain compliance by having the stock bid price close 10 consecutive days or more above .01
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