Here are the fees involved in getting and staying listed on the AMEX plus whatever GTEL is going to pay the consultant ( I don't recall the amount ) who is helping them. Hopefully we will see these expenses in the first quarter report and get listed.
Equities Initial Listing and Annual Listing Fees
Number of Shares
Initial Listing*
More than 50 million shares $65,000
Annual Fee $30,000
* The initial listing fee includes a one-time $5,000 application processing charge, which is non-refundable. Non-U.S. issuer applicants pay 50 percent of the initial listing fee, to a maximum of $32,500.
Additional Shares Previously Listed Equity Issues - Additional shares will be subject to a $.02 per share listing fee, per application, subject to a minimum fee of $2,000 (for 100,000 shares or less) and a maximum fee of $45,000 (for 2.250 million shares or more). The maximum fee for listing additional shares is $60,000 per year.
In cases where a new class of securities is to be listed in substitution for a previously listed class, there is a fee of $5,000 in addition to the normal per share listing fee.
