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Re: Bigjohn6500 post# 5466

Thursday, 04/12/2018 3:56:29 PM

Thursday, April 12, 2018 3:56:29 PM

Post# of 8351



OTCQB uplisting requirements:

Eligibility Requirements

U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from the PCAOB requirement for their initial audit)

Meet minimum bid price test 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 (Tier 2)

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 verification and management certification
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