Gourmet Provisions Intl Corp (GMPR)

[meidiot]

MR. JAMES C VOWLER , please read the following.

Uplisting From OTC to Nasdaq
So, what happens when a company moves from OTC to Nasdaq? It takes around four to six weeks to process a company’s uplisting application, which includes a listing agreement, a $25,000 application fee and corporate governance certification, among other requirements.

Nasdaq Uplisting Requirements
Also, the Nasdaq exchange doesn’t allow any company to trade on its exchange without fulfilling the minimum criteria:

1,250,000 publicly traded shares outstanding on the listing, without including shares held by the directors or officers of the company
Company’s stock listed at a price of at least $4.00 a share
At least 100 shares and 550 shareholders
Cash flow of at least $27.5 million in the last three fiscal years
Aggregate pre-tax earnings in the prior three years of at least $11 million or pre-tax earnings in the previous two years of at least $2.2 million