Just some info on uplisting to Amex. We have a ways to go.
An "uplisting" is where an OTC traded stock takes steps to formally list on a major exchange, typically the Nasdaq or Amex, occasionally the NYSE.
Prior to uplisting, companies will typically take some very recognizable steps to meet the exchange criteria, including 1) restructuring their board of directors such that a majority of directors are independent 2) creating the required board committees (audit, compensation and nominations committees) and 3) undergoing a reverse split to meet the minimum share price criteria of the exchanges ($3 minimum for Amex, $5 minimum for Nasdaq).
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