You need to read the listing requirements for Nasdaq - how is a company that has never generated any revenue going to be listed on Nasdaq?
Then there is Corporate Governance - a Audit Committee...
Also, OTCQB is still a pinksheet company - OTCM isn't a exchange or regulator - it is a for profit PR company - OTCM created the tiers to generate more revenue. Certainly the SEC doesn't recognize the OTCM tiers such as OTCQB.