There's a chance that Sarb-Ox (and Dodd-Frank too, though it isn't germane to OTC filing) will be repealed or greatly altered in the next few years. If that is the case, moving to OTCBB or an exchange would make a lot more sense, or at least be a hell of a lot cheaper.
Compliance Cost But smaller companies, which routinely would raise money by going public in the ‘80s and 90s, are caught in a Catch-22 with the Sarbox accounting regs. According to a Securities and Exchange Commission study released this April, for small-cap and micro-cap companies with market valuations between $75 million and $250 million, the cost of first-year compliance with the "internal control" mandates equals an amazing 77 percent of their total assets. Even after four years, this cost only goes down to 41 percent the firms' total assets.
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