Replies to post #138916 on PCT Ltd (PCTL)

[AISI304]

Agree there, resx18! Great post re PCTL OTCQB! Big shout out to Hate Liars for laying it all out so well.
Here's to Nov. 16th and Q3 financials with tasty revenue, QB status, then Q4 fins with Massive revenue.

GL, health to you and all PCTL shareholders.

Next week should be awesome.

Long and strong.

$PCTL

resx18 Member Level Wednesday, 11/04/20 07:53:38 AM
Re: Hate Liars post# 138901
Post # 138916 of 138923

Great post $PCTL

Hate Liars Member Level Tuesday, 11/03/20 06:06:48 PM
Re: Hate Liars post# 137879
Post # 138901 of 138923

Is Uplisting to OTCQB important for PCTL? YES! Add'l info:

What does it mean to uplist to the middle tier?

QBer's must maintain current reporting that is annually verified...Very important to PCTL Investors!!!

What is OTCQB
Stocks trading over-the-counter is organized into three groups. The OTCQB, also called "The Venture Market," is the middle tier. It was created in 2010 and consists of early-stage and developing U.S. and international companies.


To be eligible, companies must be current in their reporting, undergo annual verification and certification, meet a $0.01 bid test, and may not be in bankruptcy. Companies listed here report to a U.S. regulator such as the SEC or FDIC. The fees for listing on OTCQB markets is $12,000 per annum, with a one-time application fee of $2,500.


The OTCQB replaced the Financial Industry Regulatory Authority (FINRA)-operated OTC Bulletin Board (OTCBB) as the main market for trading OTC securities that report to a U.S. regulator. As it has no minimum financial standards, the OTCQB includes shell companies, penny stocks, and small foreign issuers.

KEY TAKEAWAYS

1. OTCQB is the middle-tier of OTC markets and lists early-stage and developing companies in the U.S. and international markets.

2. Companies must meet minimum reporting standards, pass a bid test, and must undergo annual verification.