Replies to post #57147 on GSDT Fintech Group Inc. (GSDT)

[bills1st]

About OTCQX
The OTCQX marketplace is the premier tier of the U.S. over-the-counter market.
Investor-focused companies use the quality-controlled OTCQX marketplace to offer investors transparent trading, superior information and easy access through their regulated U.S. broker-dealers.



About OTC Markets Group Inc.
OTC Markets Group Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. We create innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. OTC Markets Group operates the third largest U.S. equity trading venue which includes both the premier OTCQX market tier for investor-focused OTC-traded companies that can satisfy financial and disclosure standards and the OTC Pink marketplace for all other OTC quoted securities.

Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and OTC Pink quoted securities and in 2008 these firms traded over $135 billion of OTCQX and OTC Pink securities. OTC Markets Group offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.

OTC Markets Group is headquartered in New York City.

[bills1st]

Just where would they get $5000.00?
The OTCQX requirements support a transparent marketplace with high quality issuers, financial information disclosure and efficient trading for U.S. investors.

OTCQX has a streamlined admission process for companies that are listed on a qualified foreign stock exchange and make their home country disclosure available in English. OTCQX companies are not required to be SEC registered and can instead use SEC Rule 12g3-2b, the information supplying exemption, to provide disclosure to U.S. investors.

There are two tier levels for international companies: OTCQX International Premier and OTCQX International. In each of these tiers, qualified issuers must meet specified standards and provide ongoing public disclosure.


OTCQX International Premier

Designed for large market capitalization international exchange listed issuers, admission to this tier requires:

Meeting certain qualifications of the New York Stock Exchange's Worldwide Standards;
Meeting all of the requirements of the OTCQX International tier below.
OTCQX International

Designed for international exchange listed companies that are smaller than the companies traded on the OTCQX International Premier tier. Entry onto OTCQX International requires:

Listing on a Qualified Non-U.S. Stock Exchange.
Appointment of a Principal American Liaison (PAL).
Current status regarding 12g3-2b obligations and posting in English of financial information on the OTC Disclosure and News Service.
Proprietary priced quotations published by a Market Maker in OTC Link.
Inclusion in the S&P or Mergent Manual for Blue Sky compliance - allowing brokers to sell the security in up to 38 states.
Application Fee


$5,000

Annual Fee


$15,000

OTCQX International Initial & Continued Standards OTCQX International OTCQX
International Premier
Total Assets $2 million $2 million
Must also satisfy one of the below Must satisfy A or B below
A B
Net Tangible Assets $1 million
Net Income $500,000
Revenue $2 million $100 million $75 million
Global Market Capitalization $5 million $500 million $750 million
Aggregate Cash Flow for last 3 years $100 million
Minimum Cash Flow in each of 2 preceding years $25 million
Notes:
1) All criteria must be met using data as of the most recent fiscal year unless otherwise noted.
2) The OTCQX International Premier criteria incorporates a portion of the NYSE Worldwide Financial Listing Standards.

For more detailed information on admission criteria, please see the OTCQX Marketplace Rules.