Oh, I understood that. I guess my question is just poorly worded.
Let me try again.
Assuming they did file after the share price remained above .01 for 30 days. Now let's say OTCMarkets decides to approve the OTCQB tomorrow. Do they look at today's bid being below .01 and stamp REJECTED on the application?
Or do they give the company say 30 days to get the price back above .01 to avoid rejection?
I can't find any information on this and may have to call OTCMarkets for the answer.
B is the kicker, but IF there was no actual application then all this time it’s been above .01 is meaningless as well…. And we have zero proof that there was an application filed.