Deep Blue Marine (DPBE)

[Chart Ingman]

OTCQB Eligibility Requirements

-U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit)
-Meet minimum bid price test of $0.01
-Not be in bankruptcy
-Have at least 50 Beneficial Shareholders, each owning at least 100 shares
-Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security.
-Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards)

-Have a transfer agent that participates in the Transfer Agent Verified Share Program
(US Companies only)
-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