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Re: MySRT8 post# 93940

Sunday, 03/23/2014 11:58:19 AM

Sunday, March 23, 2014 11:58:19 AM

Post# of 298915
Here are the criterias:

OTCQX U.S.



Shall not be a Shell Company or Blank-Check Company;
A minimum bid price of $0.10 (for preceding 90 trading days);
Must meet the Initial Standards found in the chart below;
Meet one of the following exemptions, consistent with the definition of a “Penny Stock” under Rule 3a51-1 under the Securities Exchange Act of 1934:
a. Have a bid price of $5 or more; or

b. Have net tangible assets of $2,000,000, if the issuer has been in continuous operation for at least three years, or $5,000,000, if the issuer has been in continuous operation for less than three years; or

c. Have average revenue of at least $6,000,000 for the last three years.

Appointment of a Designated Advisor for Disclosure (DAD);
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.

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