Replies to post #122425 on Iconic Brands Inc (ICNB)

[Eagle2016]

It is only necessary if needed to reach a pps minimum. ICNB's pps already qualifies for the OTCQB (over 1 cent).

I believe NASDAQ requires $4.00...not in play here.

[Mitch145]

It's early on a Saturday.This can uplist to QB without a RS. Then progress to a QX status where some big players are like Heineken , Bombardier , etc.

This is where I think our playground is for the next year at least.

I was in a ticker that entertained the idea of a Major Exchange.

For starters it was X amount of shareholders and x amount of audited financials just to get to the Baby Exchange level of Nasdaq, A 2Dollar minimum and other things etc.

Thats why you hear a RS is necessary for listing to a MAJOR EXCHANGE. Because they split to meet the price requirement.

Meanwhile there is plenty of water in the pool of which we are swimming in. QB and then QX

Step 1 get an auditor... Then go with SEC compliant. Gonna take some time for all that but I am watching every step.

Hate to burst the bubble but in reality WINE season is OND. Oct, Nov , Dec . 2017 is a building year and off to a great start.

I like the Harmony that is going on right now. Moving forwards not backwards. Cheers

[strang1st]

- U.S. companies must have audited annual financials by a PCAOB auditor.
(Regulation A Companies are exempt from the initial requirement)

- Minimum bid price of $0.01

- Not be in bankruptcy

[strang1st]

That is for OTCQB, along with the 30 days of closing at or over 1 cent

[TradingBabyishere]

It depends where you want to up list to.

I would expect with where we are trading, and the current state of the company, it would make sense to up list to QB where only a couple things have to be met by the company trying to up list.

We have to trade at over .01 which we are for the previous 30 trading session, and we have to have audited financials.

This will be a great move for the company, because on the QB exchange there are much more investors and bigger cash rolling around because everything is more transparent.

;-)