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hotmeat

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hotmeat

Re: Cali_Kushin post# 50314

Thursday, 04/22/2010 7:20:16 PM

Thursday, April 22, 2010 7:20:16 PM

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An 'uplisting' is the process of moving a stock to trade on a higher exchange. In the penny stock arena, the most common uplisting is from the PinkSheets(where we trade now) to the OTC Bulletin Board (where we want to uplist to).

Benefits are increased exposure in a more regulated exchange, bigger money players investing and greater accountability from the company due to uplisting taking a substantial amount of time and money due to the required audits, paperwork, and legal issues.
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