![](https://investorshub.advfn.com/uicon/602438.png?cb=1489359333)
Wednesday, July 26, 2017 12:46:14 PM
The effect of this would be an immediate up-listing from OTC Pink to the OTCQB tier. The up-listing to the OTCQB is an activity we have considered for some time. The current plans to up list Amfil initially to the OTCQB tier will provide the investment community with full transparency and allow the stock to be quoted and traded by a wider range of brokerages, particularly retail brokers, eliminating many of the challenges we endure as an OTC Pink Current company. We will have more to discuss about other aspects of this up-list registration in the coming weeks.
The OTCQB Venture Market is for entrepreneurial and development stage companies that are not yet able to qualify for OTCQX. OTCQB companies must be current in their reporting and must undergo an annual verification and management certification process. It is the company's intention, once the stock's bid price allows, to do a further up-list to the OTCQX tier. It is our view that the company meets all requirements to make the move, aside from the minimum initial bid price of $.25/share. The company is confident, as we continue to execute our business plan and increase revenues and profits, that the stock's bid price will increase as well, allowing us to eventually list under the OTCQX tier.
From here: https://www.otcmarkets.com/stock/AMFE/news/AMFIL-TECHNOLOGIES-INC--INTENDS-TO-REGAIN-SEC-FULLY-REPORTING-ISSUER-STATUS---WILL-SEEK-UPLISTING-TO-THE-OTCQB-WITH-AN-INITIAL-GOAL-FOR-THE-OTCQX?id=154608&b=y
Recent FUNN News
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM