Posted On: 04/03/2014 2:24:44 AM
Post# of 45510
The reason for the reverse is here...
http://www.reuters.com/article/2014/03/26/otc...6?irpc=932
To keep your place on the OTCQB the stock price must close above 1 cent on the bid at least one day in the 30 days before May 1st.. If the price never traded at the 1 cent you get bumped down and it cost $12,500. to apply and be re-listed to the OCTQB. We have now done that so we retain our listing.
http://www.reuters.com/article/2014/03/26/otc...6?irpc=932
To keep your place on the OTCQB the stock price must close above 1 cent on the bid at least one day in the 30 days before May 1st.. If the price never traded at the 1 cent you get bumped down and it cost $12,500. to apply and be re-listed to the OCTQB. We have now done that so we retain our listing.
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