Exactly. BCCI doesn't qualify for NASDAQ.
Nasdaq has three levels followed by the five levels of Pinks, which are very cheap to list in.
The three levels of NASDAQ are: Select Global Markets, Global Markets and Capital Markets.
NASDAQ does not provide symbols for the pinks. There are five levels of OTC, one of which is the pinks, which is the lowest.: OTCQX, OTCQB, OTC Current, OTC Limted and OTC Pink.
BCCI is a pink, the lowest level. Do you expect it to jump all at once to the lowest level in the NASDAQ?
Were I an insider and had known about this yesterday, I would have bought. But was the news is public, it can be too late. I am not a momentum player, but one can make money doing that.
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