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Re: bhonda post# 16460

Tuesday, 06/20/2017 12:02:28 AM

Tuesday, June 20, 2017 12:02:28 AM

Post# of 23219
Minimum bid price of $0.01 For OTCQB. Just a preview of the MINIMUM of where this is going!
U.S. companies must have audited annual financials by a PCAOB auditor. (Regulation A Companies are exempt from the initial requirement)
Minimum bid price of $0.01
Not be in bankruptcy
International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements

Meet one of the following Reporting Standards:
SEC Reporting Standard
Regulation A Reporting Standard
U.S. Bank Reporting Standard
International Reporting Standard
Alternative Reporting Standard
Timely disclosure of material news
Corporate Governance Requirements (Alternative Reporting only)

Have a board of directors that includes at least two Independent Directors
Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements

Maintain a Verified Company Profile
Post initial and annual OTCQB Certification

For more detailed information on how to qualify for the OTCQB market, please see the OTCQB Standards.

Buying bottom in penny land is often time like trying to staple water to a tree

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