MultiCorp International Inc (MCIC)

[The Rainmaker]

The rule was you have to become a fully reporting company when you have at least 1500-2500 shareholders, forgot the exact number (XMDC had at least that many shareholders whatever the number was) and you acquire an asset that is worth at least $25 million or some value like that, forgot the exact amount for this rule. Whatever the exact dollar amount was at the time of the original deal it was valued high enough to compel XMDC to become fully reporting. I was amazed when that JC guy actual went in and found the exact rule and posted it here 8-9 months ago. I tried to find that old post of his just now, couldn't dig it out.
So bottom line is yes, in all likelihood XMDC still has to become fully reporting when this deal closes. Could be that OTCBQX or OTCBB as long as it includes audited financial #'s and the reports are filed in the Form 10 filing format and they are filed with the SEC.