Net Tangible Assets,Revenue or Arm’s Length Financing: $5,000,0000 net tangible assets or $5,000,000 revenue
If no revenue, two year management plan demonstrating reasonable likelihood of revenue within 24 months
Adequate Working Capital and Capital Structure: Adequate working capital and financial resources to carry out stated work program or execute business plan for 18 mo. following listing; $200,000 unallocated funds
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