Home > Boards > US OTC > Food - Processing and Agriculture > Else Nutrition (BABYF)
Followed By 28
Posts 7044
Boards Moderated 0
Alias Born 12/15/2002

Tuesday, January 11, 2022 9:36:09 AM

Re: Yaafah post# 4384

Post# of 4864
There is OTC and there is OTC. Discussing OTC as being a single entity is not appropriate.

Canada, USA March 2 2011

If your company is listed or contemplating a listing on the Toronto Stock Exchange (the “TSX”) or the TSX Venture Exchange (the “TSXV”) and you are interested in cross-listing the securities of your company on a U.S. stock exchange, there is an alternative to the traditional stock exchange listings on the NYSE or NASDAQ. You may consider supplementing your company’s TSX or TSXV listing with a listing2 on the OTCQX. The OTCQX is not a stock exchange, but is a broker-dealer trading platform. The advantages of listing on the OTCQX include: (1) greater liquidity for investors in both U.S. and Canadian marketplaces; (2) increased transparency for trades executed in the U.S.; and (3) lower costs than listing on a traditional U.S. stock exchange.

About OTCQX

The OTCQX heralds itself as the premier tier of the U.S. over-the-counter (the “OTC”) marketplace operated by OTC Markets Group Inc. (“OTC Markets Group”). The OTC market in the U.S. has seen rapid changes over the past few years that have made OTC trading more transparent and efficient. OTC Markets Group developed a number of OTC market tiers for different types of companies: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the OTC Pink Sheets marketplace for speculative trading.

Advantages of OTCQX Listing

Greater Liquidity – Canadian issuers may experience significant increases in trading volume after cross-listing on the OTCQX due to trading activity by U.S. investors and brokers via the OTCQX.
Increased Transparency – The OTCQX is a fully electronic trading platform that is similar to the NYSE and NASDAQ and is accessible to all investors – professional and retail. Investors can view real-time quotes online which are publicly available on the website of OTCQX at www.otcqx.com.

Lower Costs – Canadian issuers remain subject to existing disclosure requirements in their jurisdictions rather than being required to file with the Securities and Exchange Commission (the “SEC”).
Listing Requirements

Generally, a Canadian reporting issuer may qualify for a listing on the OTCQX by satisfying OTCQX listing criteria and applicable U.S. securities law requirements. For Canadian reporting issuers, the requirements include financial criteria set by the OTCQX as well as the following:

the company must be listed on the TSX or theTSXV for a period of at least 40 days;
the company must either (1) have a class of its securities registered under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”) or (2) be eligible to rely on the exemption from the Exchange Act registration provided by Rule 12g3-2(b) (the “Rule 12g3-2(b) Exemption”);
the company must appoint a Principal American Liaison (“PAL”) sponsor to help with the listing process and conduct an annual review of the company’s posted disclosure. The PAL must be an approved U.S. attorney, investment bank or, if the company plans to list its securities in ADR3 form, an approved ADR Depository; and
the company must have proprietary priced quotations published by a market maker in OTC Link (which is an electronic interdealer quotation system operated by OTC Markets Group); and the company must be included in a securities manual published by Standard and Poor’s or Mergent (formerly known as Moody’s).
Recent BABYF News

FEATURED American Green, Inc. ™ (OTC:ERBB) Officially Acquires Vendweb - Supplier of its AGX Facial Recognition and Over- 21 Age Smart Vending Machine May 17, 2022 7:30 AM

Kona Gold Beverage, Inc's Ooh La Lemin Lemonades to be Sold in Winn-Dixie Stores KGKG May 17, 2022 9:00 AM

HealthLynked Announces Acquisition of Aesthetic Enhancements, LLC, and Reports First Quarter 2022 Results Including a Significant Reduction in Net Loss HLYK May 17, 2022 8:00 AM

Progressive Care Reports First Quarter 2022 Financial Results Highlighted by 5% Growth in Revenue to $10.1 Million RXMD May 17, 2022 7:28 AM

OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Summarizes Its First Quarter of 2022 Disclosure ILUS May 16, 2022 4:00 PM

HNRC ENGAGES INTERCAPITAL ENERGY HNRC May 16, 2022 9:47 AM

Integrated Ventures Reports Q3/2022 Financial Results With Total Revenues Of $1,431,819 And Gross Profit Of $307,492.00. INTV May 16, 2022 9:00 AM

Splash Beverage Group Reports Record First Quarter 2022 Financial Results. Revenues Increase 86% Year over Year with $4 Million in Gross Sales as Company Signs 12 New or Expanded Distribution Agreements SBEV May 16, 2022 8:02 AM

RENAVOTIO, INC. (RIII) Provides Shareholder updates RIII May 13, 2022 3:38 PM

Demand Brands and Truleaf discussing the future of DB's retail footprint DMAN May 13, 2022 3:11 PM

OMID Posts First-Quarter 2022 Financial Statements OMID May 13, 2022 10:00 AM

"VAPR" E-Cite Motors Profiled as AMAZING EV Auto Investment in EV Auto Insider - Above GOOD Tesla, and Those Making its' TERRIBLE Investment List VAPR May 13, 2022 9:49 AM

American Green, Inc. ™ (OTC:ERBB) Board Votes to Exercise its Option to Buy 40,000 square foot "Cypress Chill" Cannabis Building for $3,750,000 ERBB May 13, 2022 8:30 AM

Progressive Care to Report First Quarter Financial Results on May 17, 2022 RXMD May 13, 2022 8:06 AM

Alliance Creative Group (ACGX) Reports Revenue of $2,865,404 for First Quarter of 2022 ACGX May 13, 2022 8:00 AM

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y