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Gcasa

01/02/16 11:46 AM

#55697 RE: crowin #55691

Once this is over a penny for a month it will change to OTC QB

naturallyk2

01/02/16 11:56 AM

#55703 RE: crowin #55691

If TPAC wanted to uplist to OTCQB:

SEC Reporting Companies

Initial Requirements

Meet an initial minimum bid price test of $0.01 as of close of business for each of the previous 30 calendar days
Complete and submit OTCQB application and applicable fees
*MET*Be current in all periodic reporting requirements on EDGAR
(or for companies not required to file on EDGAR, post SEC disclosure on the OTC Markets website)
*MET*Post on the OTC Markets website:
OTCQB Initial Certification (see below for details on Certification requirements
Ongoing Requirements

Meet an ongoing bid price test of $0.01 as of the close of business for at least one of every 30 calendar days
Post current SEC disclosure on EDGAR, or for companies that do not file on EDGAR, post current SEC disclosure on the OTC Markets website
Post on the OTC Markets website
OTCQB Annual Certification

That "minimum bid price test of .01" would probably be the issue. He needs to continue to reduce the OS and AS