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Friday, March 19, 2010 3:04:38 PM
Listing Requirements of the Over the Counter Bulletin Board - OTCBB
The stated and un-stated listing requirements for the OTCBB are as follows:
fully reporting with the Securities and Exchange Commission,
not a black check or inactive company,
minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),
directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,
must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.
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