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Re: None

Thursday, 12/26/2019 4:55:43 PM

Thursday, December 26, 2019 4:55:43 PM

Post# of 74833
LVVV is setting itself up for an uplist! One of the requirements to be able to uplist is as follows. Once we begin trading above a penny for 30 consecutive days, then LVVV can submit their application for OTCQB :)

“Corporate Governance (Required for Alternative Reporting Standard Only). Alternative Reporting Companies are required to meet the corporate governance standards outlined below:
a. Have a board of directors that includes at least two Independent Directors;
b. Have an Audit Committee, a majority of the members of which are Independent Directors; and
A Company applying to OTCQB may submit a written request, which may be granted by OTC Markets Group in its sole and absolute discretion, to be permitted to phase in its compliance with the corporate governance standards set forth in this section 1.1(9) as follows:
1. At least one member of the Board of Directors and the Audit Committee must be independent at the time of application;
OTC Markets Group Inc.
OTCQB Standards (v 3.2 April 16, 2019) Page 2 of 17

2. At least two members of the Board of Directors and a majority of the members of the Audit Committee must satisfy the independence requirement within the later of 90 days after the Company begins trading on OTCQB or the time of the Company’s next shareholder meeting. In any event, the independence requirement must be satisfied within one year of the Company joining OTCQB.”