InvestorsHub Logo
icon url

Gatsby

11/15/12 5:37 AM

#26995 RE: BpL #26994

EPGL board is confident that they can uplist to OTCQX. The first step is to be OTC current. They should release their financial statements within a few hours/days...

The requirements for OTCQX is a stock at 0.1 for at least 3 months
and the Cie thinks they can meet the requirements in 2013.

There are many catalysts within a few months as per their tweeter Q&A sessions. You can read all tweets from the Cie via their website:
http://www.epglmed.com/EPGL_Medical_Sciences/Home.html


Here the otcqx requirements list and two tweets from the Cie:

http://www.otcqx.com/qx/otcqx/requirements:

OTCQX U.S.

Ongoing operations (no shells, blank check or special purpose acquisition companies);
A minimum bid price of $0.10 (for preceding 90 business days);
The company may not be subject to any bankruptcy or reorganization proceedings;
The company must be duly organized, validly existing and in good standing under the laws of each jurisdiction in which the company is organized;
At least 50 beneficial shareholders, each owning at least 100 shares of the Company's common stock;
Ongoing quarterly and audited annual financial reports posted on OTCQX.com, a premier website for qualifying companies (SEC Registered issuers can use EDGAR); and
Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals (fka Moody's Manuals), which satisfies the Blue Sky requirements for secondary transactions in many states, together with a list of any other states in which the security is Blue Sky compliant and eligible to be sold by brokers in those states;
DAD Letter of Introduction upon application process completion and quarterly and annually thereafter to OTC Markets Group Inc. confirming that the issuer has made adequate current information publicly available and meets the tier inclusion requirements.




https://twitter.com/EPGLMed/status/258697195979681792


EPGL Med?@EPGLMed

We know what the requirements are for OTCQX and we wouldn't be going for it if we did not feel it is completely possible for EPGL to meet



https://twitter.com/EPGLMed/status/258689890332573696


EPGL Med?@EPGLMed

Yes, we will go Current Information. This will be the first step to achieving planned OTCQX and full SEC reporting status restored in 2013.




icon url

cable

11/15/12 6:24 AM

#26997 RE: BpL #26994

$1.00, $1.00, $1.00.