Replies to post #26406 on Michelex Corp (fka MLXO)

[Deano361]

My guess is OTC then some other exchange 2 years down the road IMO. For OTC you don't need a price, just reporting.

[sawdin]

Lot's of options: OTCBB, AMEX/NYSE; Toronto; London; something in Asia/India might make sense.

They could just stay on the pinks for awhile, and they may have to, and work their way up the pink listing ladder in preparation for a move.

Easy enough to look up requirements for other exchanges. As a side note, the US used to be a leader in IPO's, but I believe that is no longer the case, mainly due to Sarb-Ox and other regulatory requirements. As a result, US has lost out on tons of business and tax-revenue. That is usually the result when Congress over-reacts to a problem. The media builds up a furor and then Congress 'fixes' a problem by using a bat instead of a scalpel. End result: unintended consequences make things worse off, business leaves US.

NYSE listing requirements

NYSE AMEX Listing Requirements

OTCBB

[Richard2]

Probably the OTCqb would be in there plans. As far as I know the price doesn't matter, but there are reportng requirements.

[Richard2]

The pinks are the lowest of the low, as far as companies go. Honest growing companies don't stay their long.