Salon City Inc. (SALN)

[Ordinary Guy]

Note the listing timeframe from OTCBB.com, should be three days from when it was filed

OTC VS NASDAQ

Feature or Requirement OTCBB Nasdaq
Minimum quantitative listing requirements No Yes
Listing and maintenance fees to issuers No Yes
Requirements to maintain quotation or listing Yes** Yes
Real-time electronic quotes for domestic issues Yes Yes
Minimum Form 211 or listing processing time OTCBB-3 days NASDAQ-6-8 weeks***
* The OTCBB is separate and distinct from The NASDAQ Stock Market.

** Issuers of securities which began quotation on the OTCBB after January 4, 1999 are required to file periodic financial information with the SEC or other regulatory authority to maintain quotation eligibility.
*** A Form 211 is not required for listing on NASDAQ; however, the average time of approval for listing on NASDAQ is 6-8 weeks.

The OTCBB is distinct from the Pink Sheets. The Pink Sheets are not owned or operated by The NASDAQ Stock Market, Inc. or the FINRA. The Pink Sheets LLC is a privately owned company whose Electronic Quotation Service provides an Internet-based, real-time quotation service for OTC equities and bonds.