Posted On: 03/16/2015 2:12:18 PM
Post# of 12259
There is a couple criteria MNGG needs to meet as well other than just SEC reporting.. the others shouldnt be too hard.
listing requirements for the OTCBB are as follows:
fully reporting with the Securities and Exchange Commission,
not a black check or inactive company,
minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),
directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,
must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.
listing requirements for the OTCBB are as follows:
fully reporting with the Securities and Exchange Commission,
not a black check or inactive company,
minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),
directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,
must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.


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