Here is the copy and paste of 1 of 2 emails I rec'
Post# of 45510
Posted On: 04/22/2014 3:07:22 PM
Here is the copy and paste of 1 of 2 emails I rec'd back from OTC Markets. He gives an example of a date range. (I got this back on 4/4/14). Tell me if you read it differently than I do:
Quote:
Thanks for the question. I know that there is still some confusion on this issue. You’re correct, the company needs to achieve a .01 closing bid price once every 30 days even after the May 1st, 2014 roll-out period begins to remain on OTCQB. If this company, for example, enacted a reverse split and their closing bid price for today was the only time it was above the .01 mark, they would remain on OTCQB until May 5th. Each company essentially needs to refresh their bid price eligibility once every 30 days. I hope that makes sense. We will be publishing our rules on OTCQB eligibility shortly, and I am happy to email you a copy as soon as they are available.
Please let me know if you have any other questions.
Sincerely,
Gareth Colglazier
Issuer & Information Services
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