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Re: Sergee10 post# 9056

Thursday, 12/26/2019 6:02:29 PM

Thursday, December 26, 2019 6:02:29 PM

Post# of 90678
First, they have to register shares with the SEC, then they have to maintain a closing bid at or above .01 for 30 trading days, among other things...one of many resources, but this explains in great detail for all. They aren’t a new issue, so they don’t qualify for the bid price exception.
http://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/
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