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Re: makow post# 71123

Monday, 01/04/2010 2:44:20 PM

Monday, January 04, 2010 2:44:20 PM

Post# of 111729
There is no minimum share price requirement:

No Minimum Listing Standards

Companies that trade their stocks on major exchanges and in the Nasdaq Stock Market must meet minimum listing standards. For example, they must have minimum amounts of net assets and minimum numbers of shareholders. In contrast, companies on the OTCBB or the Pink Sheets do not have to meet any minimum standards.

http://www.sec.gov/investor/pubs/microcapstock.htm

Companies quoted on the OTCBB must be fully reporting (i.e. current with all required SEC filings) but have no market capitalization, minimum share price, corporate governance or other requirements to be quoted. Companies which have been "de-listed" from stock exchanges for falling below minimum capitalization, minimum share price or other requirements often end up being quoted on the OTCBB.

http://en.wikipedia.org/wiki/OTCBB#cite_note-0