Posted On: 12/19/2014 1:00:03 PM
Post# of 7769
Re: Joeblack98119 #5698
Celtics just posted below. It seems one of the requirements is to have 4 million in net equity.
This is from a website I found.
What is an 'Uplisting'?
-An 'uplisting' is the process of moving a stock to trade on a higher exchange. In the penny stock arena, the most common uplisting is from the PinkSheets to the OTC Bulletin Board (OTCBB). While it is possible for an OTCBB stock to uplist to a big board such as the NYSE or Nasdaq, it is a very rare occurrence. The reality is that few penny stocks actually succeed to the point that they meet the requirements of a listing on a big board. Stocks that are able to uplist, are showing real promise to be considered as a good investment.
SCRC will definitely be one of the rare companys to make it to Nasdaq IMO
This is from a website I found.
What is an 'Uplisting'?
-An 'uplisting' is the process of moving a stock to trade on a higher exchange. In the penny stock arena, the most common uplisting is from the PinkSheets to the OTC Bulletin Board (OTCBB). While it is possible for an OTCBB stock to uplist to a big board such as the NYSE or Nasdaq, it is a very rare occurrence. The reality is that few penny stocks actually succeed to the point that they meet the requirements of a listing on a big board. Stocks that are able to uplist, are showing real promise to be considered as a good investment.
SCRC will definitely be one of the rare companys to make it to Nasdaq IMO
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