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Re: Growth_Momentum post# 65383

Wednesday, 06/28/2017 3:54:50 PM

Wednesday, June 28, 2017 3:54:50 PM

Post# of 81764
No. If they file an S-1, and if it's eventually accepted by the SEC (see loanranger's post this morning detailing the, er, "challenges" ISBG might have with that), they will not be on Nasdaq. They will still be trading on OTC, just as an SEC-reporting company, which means they will have to start filing 10-Ks and 10-Qs and 8k's and all that good stuff, which seems even more unlikely to me than the filing of an S-1 in the first place.

Basically by registering your securities, you're agreeing to a higher standard of reporting and transparency than simply being "Pink Current" on OTC. It doesn't mean your PPS goes up (actually it costs a lot more to be an SEC filer) or that you get moved to a higher exchange.