Assuming Steve moves forward to OTCQX, it is a BIG DEAL. It is a great step forward for the company on the road to NASDAQ without having to affect any changes to the $INTV Share Structure. The move to NASDAQ might be in the not so distant future, maybe sometime later in 2022 IMO. There are many advantages moving to OTCQX pointed out in the information below. That being said, assuming Bitcoin price goes where most think it will NASDAQ will be doable without affecting the Share Structure. No need to rush to NASDAQ at this point all things INTV considered!
Jason Paltrowitz, OTC Markets EVP explains the benefits of trading and cross-trading on the OTCQX Best Market
Attorney Laura Anthony does a great job of explaining the advantages of both OTCQX and NASDAQ listings. A bit dated, but has some good points... OTC Markets, OTCQX Benefits, and NASDAQ. (Attorney Laura Anthony)
OTC Markets Group Inc. The most visible aspect of the OTC Markets Group's stewardship is the breakdown of the OTC market into three tiers, based on the quality and quantity of the listed companies’ information and disclosures. This tiered structure provides different levels of transparency, so investors know what type of information is available for each company they wish to trade.1
OTCQX is the top tier of the three marketplaces for the OTC trading of stocks. Stocks that trade on this forum must meet more stringent qualification criteria compared to the other levels. Also called the OTCQX Best Market, it includes a large number of blue-chip stocks from Europe, Canada, Brazil, and Russia.10 These large foreign stocks are frequently global household names. Penny stocks, shell companies, and companies in bankruptcy cannot qualify for a listing on the OTCQX.3
The middle tier is called OTCQB, also known as "The Venture Market," which consists of early-stage and developing U.S. and international companies that are not yet able to qualify for the OTCQX. The company must be current in its reporting, undergo an annual verification, management certification, meet a $0.01 bid test, and may not be in bankruptcy to meet eligibility standards. Companies listed here report to a U.S. regulator such as the SEC or Federal Deposit Insurance Corporation (FDIC). 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.11 As it has no minimum financial standards, the OTCQB includes shell companies, penny stocks, and small foreign issuers.3
OTC Pink, or Pink Sheets, is the lowest level and most speculative tier of the three marketplaces for the trading of over-the-counter stocks. This marketplace offers trading in a wide range of equities and includes companies in default??????? or financial distress. Since it has fewer disclosure requirements, the categorization of OTC Pink companies is from information provided by the company.2 Note that as of Sept. 28, 2021, OTC Pink (as well as all other OTC Markets Group lines) will require companies on the platform to provide up-to-date disclosures, pursuant to SEC Rule 15c2-11.2 https://www.investopedia.com/terms/o/otc-markets-group-inc.asp
What is the advantage of INTV's possible uplist to the OTCQX now that it has been approved?