FDCTech Inc (FDCT)

[TJG]

I have to wonder just how many people following this know that FDCT is now classified as Penny Stock Exempt. Also do you all know what it means to be Penny Stock Exempt. This new Status is fairly new for the company so many have not seen it... because unless you frequent the OTC web page for FDCT you would not know it. Here is a list of why this is so important for us as investors.
https://www.google.com/search?q=Why+is+FDCT+now+showing+Penny+Stock+Exempt+on+the+OTC+web+site&rlz=1C1UEAD_enUS1144US1144&oq=Why+is+FDCT+now+showing+Penny+Stock+Exempt+on+the+OTC+web+site&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCTIwNDU1ajBqN6gCALACAA&sourceid=chrome&ie=UTF-8

https://www.otcmarkets.com/stock/FDCT/profile


AI Overview
Based on a review of FDCTech's (FDCT) financials, its stock now shows as "Penny Stock Exempt" on the OTC Markets because it has met the necessary criteria related to its financial performance. While its stock price is currently below $5, its reported revenues now qualify it for an exemption from the restrictions typically associated with penny stocks.

How FDCT meets the exemption
Under SEC rules enforced by the OTC Markets, a security can be exempt from the penny stock designation if it meets certain financial thresholds. Specifically, it can qualify if it has:

A minimum price of over $5 per share.

Average revenues of at least $6 million over the last three years.

Net tangible assets exceeding $2 million (if operating for at least three years) or $5 million (if operating for less than three years).

In its 2024 financial report, FDCTech demonstrated significant revenue growth. Its reported revenue for 2024 was over $26.9 million, following over $12.7 million in 2023 and $6.4 million in 2022. This history of rising revenue—with an average well over $6 million for the last three years—allows the company to qualify for the penny stock exemption.

Benefits of the exemption
This new status is a significant advantage for FDCTech and its investors, as it:

Removes regulatory burdens for brokers and dealers, which can make the process of buying or selling shares more straightforward. So the issue with the 15c2-11 is no longer a burden for people who wish to buy and sell the stock. I would hope that Warning will come down soon

May attract a wider range of investors and potentially increase liquidity, as some institutional investors and brokerage firms have restrictions on trading non-exempt penny stocks.