''On a rolling basis, based on companies’ fiscal
Post# of 9122
corporate clients whose securities meet the OTCQB standards are required
to pay an initial application fee and an annual subscription fee. ''
odd wording-could have been worded better to solve any confusion
certainly sounds like its the individual otcqb co's in this case as its their rolling fiscal year ends that determine when they have to comply w the new otcqb pps and surcharge requirements
i dont know maybe its because i and other traders deal w the pink and otcqb co's not direclty w the dealers but that 10000 /yr surcharge has to be paid by the company whether thru a dealer or not -
our purpose was to find out how much it would cost NNLX to upgrade or uplist
for a pink its apparently 4200/yr for disclosure and otc news service-what i and penny ceos call the otc filing fees plus ca 500 set up fee
for otcqb the new annual 10000 surcharge to be listed on otcqb includes the disclosure and news service