Replies to post #24629 on Ozop Energy Solutions Inc (OZSC)

[Magnum7419]

How can OZSC uplist when as of 12/31/21 they were in default per 10k ?

https://www.reddit.com/r/OZSC/comments/ucp4ep/otcqb_uplist_will_happen_this_thursday_april_28/

The OTCQB® Venture Market is for entrepreneurial and development stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must meet $0.01 bid test and may not be in bankruptcy.

[Magnum7419]

Which Friday? asking for a friend !

[I-Glow]

That isn't uplisting - OTCQB is a tier created by the OTCM to generate more revenue. The OTCM is neither a exchange or regulator they are a for profit PR Company.

I thought by now no one was duped by the OTCQB listing - it is a meaningless designation.

The OTCM doesn't want to exclude anyone because they want the revenue. The OTCM even changed the rules where a company doesn't have to be a SEC filer - a company can be a Alternative Reporting Standard or a company that is dark.

So I wouldn't be too excited about the OTCQB.

IG