Thursday, June 22, 2017 3:50:46 PM
RXMD RXMD ON PATH FOR OTCQB UPLISTING
Eligibility Requirements
Check - U.S. companies must have audited annual financials by a PCAOB auditor. (Regulation A Companies are exempt from the initial requirement)
Check - Minimum bid price of $0.01
Check - Not be in bankruptcy
N/A - 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:
N/A - SEC Reporting Standard
N/A - Regulation A Reporting Standard
N/A - U.S. Bank Reporting Standard
N/A - International Reporting Standard
Check - Alternative Reporting Standard
Timely disclosure of material news - Check
Corporate Governance Requirements (Alternative Reporting only)
In Progress - Have a board of directors that includes at least two Independent Directors
In Progress - Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements
Check - Maintain a Verified Company Profile - See below
Currently N/A - Post initial and annual OTCQB Certification
Eligibility Requirements
Check - U.S. companies must have audited annual financials by a PCAOB auditor. (Regulation A Companies are exempt from the initial requirement)
Check - Minimum bid price of $0.01
Check - Not be in bankruptcy
N/A - 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:
N/A - SEC Reporting Standard
N/A - Regulation A Reporting Standard
N/A - U.S. Bank Reporting Standard
N/A - International Reporting Standard
Check - Alternative Reporting Standard
Timely disclosure of material news - Check
Corporate Governance Requirements (Alternative Reporting only)
In Progress - Have a board of directors that includes at least two Independent Directors
In Progress - Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements
Check - Maintain a Verified Company Profile - See below
Currently N/A - Post initial and annual OTCQB Certification
If Pete and Repeat are in a boat and Pete falls out, who's left? Answer: If Pete and Repeat are in a boat and Pete falls out, who's left?
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