Thursday, December 26, 2013 12:35:03 PM
QB is the OTC market designed for "Venture Stage" companies, that are developing...exactly what LKEN is. The fact that there are stricter listing requirements for QB listed securities, and that the vast majority of them report to the SEC, means it is a marketplace that has better quality companies than the Pink Sheets. Investors know this and see QB companies as legitimate.
In the future, the choices for uplisting to a bigger exchange become wider, however these come with various listing requirements which stipulate minimum levels of shareholders, share price, revenue, market cap etc etc. However, listing to the lower tiers of a big national exchange like NASDAQ or NYSE certainly wouldn't be out of LKEN's reach if Inkway USA is a success.
Here are what the options would be (in order of listing standard requirements...lowest first):
OTCQX: http://clip2net.com/s/6tkePh
NASDAQ Capital Market Tier: http://clip2net.com/s/6tkibY
NYSE MKT tier: http://clip2net.com/s/6tjWMC
Any move to these National Exchange (NASDAQ & NYSE) will require a tightening up of the share structure, but if that is done then the other requirements are certainly within reach.
Personally I would love to see a move to the NASDAQ market, the listing requirements of the "Capital Market" tier match up well with what I think a small but growing company like LKEN can achieve with a successful Inkway USA, and it's a market that is used to, and in fact openly encourages, smart new startups.
Either way, an uplist to OTCQB soon would be a great start!
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