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Re: jmanfgilly post# 72584

Saturday, 08/18/2012 7:57:09 AM

Saturday, August 18, 2012 7:57:09 AM

Post# of 160013
(ii) FINRA has approved a Form 211 relating to the Company’s
securities, then the Company may apply in writing to OTC Markets Group for an
exemption from the minimum bid price requirements of this Section 2.2(g), which
exemption may be granted by OTC Markets Group in its sole and absolute
discretion;


any time, they try, rebutt them with this post above and below!!




http://www.otcqx.com/qx/otcqx/requirements





For more detailed information on admission criteria, please see the OTCQX Marketplace Rules.


then the whole page!

OTCQX Requirements & Fees
The OTCQX requirements support a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors.

OTCQX has a baseline set of requirements for U.S. corporations and international businesses incorporated in the U.S. Companies that are incorporated outside the U.S. should follow our international standards.

Any issuer with proprietary priced quotations published by a market maker on OTC Link will be eligible to enter the tier for which it is qualified. Companies that meet the financial requirements of NASDAQ's Capital Market Continued Listing Standards may be eligible for the higher OTCQX U.S. Premier Tier.

OTCQX U.S.



Ongoing operations (no shells, blank check or special purpose acquisition companies);
A minimum bid price of $0.10 (for preceding 90 business days);
The company may not be subject to any bankruptcy or reorganization proceedings;
The company must be duly organized, validly existing and in good standing under the laws of each jurisdiction in which the company is organized;
At least 50 beneficial shareholders, each owning at least 100 shares of the Company's common stock;
Ongoing quarterly and audited annual financial reports posted on OTCQX.com, a premier website for qualifying companies (SEC Registered issuers can use EDGAR); and
Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals (fka Moody's Manuals), which satisfies the Blue Sky requirements for secondary transactions in many states, together with a list of any other states in which the security is Blue Sky compliant and eligible to be sold by brokers in those states;
DAD Letter of Introduction upon application process completion and quarterly and annually thereafter to OTC Markets Group Inc. confirming that the issuer has made adequate current information publicly available and meets the tier inclusion requirements.

OTCQX U.S. Premier

Designed to identify issuers that are of the size and quality to list on a National Stock Exchange. Additional requirements include:


A minimum bid price of $1(for preceding 90 business days);
At least 100 beneficial shareholders, each owning at least 100 shares of the company's common stock;
The company meets the financial qualifications for continued listing on the NASDAQ Capital Market;
Conduct Annual shareholders' meetings; and
The company meets all of the requirements of the OTCQX U.S. Tier above.

Application Fee


$5,000

Annual Fee


$15,000

OTCQX U.S. Initial & Continued Standards OTCQX U.S. OTCQX U.S. Premier
Total Assets $2 million $2 million
Bid Price $0.10 $1.00
Beneficial Shareholders 50 100
Market Value of Publicly Held Shares $1 million
Publicly Held Shares 500,000
Conduct Annual Shareholders' Meeting Yes
Must also satisfy one of the below Must also satisfy one of the below
Revenue $2 million at least $6,000,000 average for the last three years
Net Tangible Assets $1 million $2 million if in operation for at least three years, or $5 million if in operation for less than three years
Must also satisfy one of the below
Net Income $500,000 $500,000 (in the latest fiscal year or in two of the last three fiscal years)
Stockholders’ Equity $2.5 million
Market Value of Listed Securities $5 million $35 million
Notes:
1) All criteria must be met using data as of the most recent fiscal year except for bid price which is monitored on a daily basis.
2) The OTCQX U.S. Premier requirements incorporate the NASDAQ Capital Market Continued Listing Standards.
3) Publicly Held Shares are defined as total shares outstanding minus shares held by officers, directors, or beneficial owners of more than 10% of the company.

For more detailed information on admission criteria, please see the OTCQX Marketplace Rules.

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then this!
List of OTCQX Companies

Total Companies: 384Download List
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justr got word, looks like it coming out shortly, from two sources, my contact and the post #72589

CCO + ICPA being mentioned in ICPA PR's NOW!

Organic2

08/18/12 07:35:22 AM


then if they still persist, copy certain sections of DAD!

That alot of work plus pay good money to be on the octqx exchange, how many companies in the penny world willing to do that! Here your answer, 384, but minus the canadian firms, they are in a different country which IMO, alot better stock market for investors! Now what is youyr answer to how many american companies on the octqx, the answer might surprise you, and steve with ic places inc. is gonna be one of the ELITE FEW!

Plus pay good money to be on upper tier! how many penny stock companies willing to do that, steve and icpa will do that if so, already doing that!