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Re: Notsonew post# 45312

Saturday, 05/19/2018 11:53:47 AM

Saturday, May 19, 2018 11:53:47 AM

Post# of 140745
First Step AXXA OTCQB 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

https://www.otcmarkets.com/corporate-services/get-started/otcqb