Meet an initial minimum bid price test of $0.01 as of close of business for each of the previous 30 calendar days Complete and submit OTCQB application and applicable fees *MET*Be current in all periodic reporting requirements on EDGAR (or for companies not required to file on EDGAR, post SEC disclosure on the OTC Markets website) *MET*Post on the OTC Markets website: OTCQB Initial Certification (see below for details on Certification requirements Ongoing Requirements
Meet an ongoing bid price test of $0.01 as of the close of business for at least one of every 30 calendar days Post current SEC disclosure on EDGAR, or for companies that do not file on EDGAR, post current SEC disclosure on the OTC Markets website Post on the OTC Markets website OTCQB Annual Certification
That "minimum bid price test of .01" would probably be the issue. He needs to continue to reduce the OS and AS
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