Thursday, February 25, 2016 10:53:31 AM
Companies seeking to obtain a quote on the NASDAQ OTCBB are required to file reports with the SEC. Under Section 15 of the Securities Exchange Act of 1934 (the “Act”), as amended, a company who has filed a registered offering with the SEC, such as an SB-1 or SB-2 registration statement, is required to file reports for one year. A company which files a Form 10 or Form 10SB (for small business issuers) becomes a reporting company under Section 12g of the Act and must file reports.
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