GNCC Capital Inc (GNCP)

[TheFutureForsure]

PDIV / GNCP - There is Also This EXTREMELY INTERESTING NOTE Below from the same Article:

https://www.investopedia.com/ask/answers/08/otc-nyse-nasdaq.asp

Mechanics of Moving

{{{ It isn't impossible for a company that trades OTC to make the leap to a major exchange. }}}

But, as noted above, there are several steps it must take before they can list.

Important: {{{ Companies looking to move from the over-the-counter market to a standard exchange must meet certain financial and regulatory requirements. }}}

{{{ The company and its stock must meet listing requirements for its price per share, total value, corporate profits, daily or monthly trading volume, revenues, and SEC reporting requirements. }}}

For example, the NYSE requires newly listed companies to have 1.1 million publicly held shares held by a minimum of 2,200 shareholders with a collective market value of at least $100 million. Companies that want to list on the Nasdaq, on the other hand, are required to have 1.25 million public shares held by at least 550 shareholders with a collective market value of $45 million.

Second, it must be approved for listing by an organized exchange by filling out an application and providing various financial statements verifying that it meets its standards.

{{{ If accepted, the organization typically has to provide written notice to its previous exchange indicating its intention to voluntarily delist. }}}

The exchange may require the company to issue a press release notifying shareholders about this decision.

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PDIV / GNCP is GOLDEN CBD FORSURE
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