the following pdf logically should be the best

the following pdf logically should be the best compilation- used to be if was OTCQB and as long as remained SEC reporting [as NEWC has -never filed form 12g15 to withdraw-then once financials were updated only needed to have min bid price of 1c on 1 of the prior 30 days

I think thats still the case though they no longer spell it out in the pdf at least -you have to look at several different sections now

so lets walk thru the pdf:
sec 1.1.2a company applying for 1st time must meet min bid of 1c for 30 consecutive days prior to application
if company is off of OTCQB for over 180 days,then must file new app to rejoin OTCQB and comply w sec 1.4-says nothing about complying w sec 1.1.2 min bid test again
sec 1.4 is not the sec w min bid test-that is sec 1.1.2

in section 2.3.2 a co that is RETURNING to the OTCQB [assuming it did not withdraw as SEC reporting co is either implied or stated elsewhere]
only has to meet the 1c min bid price on
"at least one of the prior 30 consecutive days"
which of course NEWC has done
-so once its financials are filed w OTC its only a matter of days before OTC returns NEWC to the OTCQB- just requires checking by otc that filings satisfy them-usually 1-5 days


btw for those who dont know otcmarkets.com is not a regulatory agency-its a for profit public co that gets, last i looked, 40-50% of its revenues from the fees it charges OTC co's to post on its otcmarkets.com site
it saw it says a need for more otc co transparency and thus created the otcmarkets.com site

due to political considerations otc has been green-lighted to make its own rules under the current political admin but it must report to finra


http://www.otcmarkets.com/content/doc/otcqb/standards.pdf