*REAL Story of a company merged into OTC and-up-listed-to-NASDAQ*
Once PPS above .04 and RS - they can up list ASAP. IMO.
Here is the story of "Retrophin".
Retrophin reversed merged with OTC public shell company RTRX in December, 2012 and immediately filed for up list to NASDAQ and got approval to trade on NASDAQ in January 2013. See below image and link.
Note in above image it article says RTRX started trading on NASDAQ in January 2013
In below link, article says RTRX completed Reverse Merger in December 2012.