Replies to post #16460 on Experience Art and Design Inc. (fka EXAD)

[Tarheel-Blue]

Minimum bid price of $0.01 For OTCQB. Just a preview of the MINIMUM of where this is going!
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
International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements

Meet one of the following Reporting Standards:
SEC Reporting Standard
Regulation A Reporting Standard
U.S. Bank Reporting Standard
International Reporting Standard
Alternative Reporting Standard
Timely disclosure of material news
Corporate Governance Requirements (Alternative Reporting only)

Have a board of directors that includes at least two Independent Directors
Have an Audit Committee, a majority of the members of which are Independent Directors
Verification Requirements

Maintain a Verified Company Profile
Post initial and annual OTCQB Certification

For more detailed information on how to qualify for the OTCQB market, please see the OTCQB Standards.