OTCQB Requirements: Eligibility Requirements

[b]OTCQB Requirements:[/b]

Eligibility Requirements

U.S. companies must have audited annual financials by a PCAOB auditor. (Regulation A Companies are exempt from the initial requirement);

Minimum bid price of $0.01;

Not be in bankruptcy;

International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor;

Reporting Requirements

Meet one of the following Reporting Standards:

SEC Reporting Standard;

Regulation A Reporting Standard;

U.S. Bank Reporting Standard;

International Reporting Standard;

Alternative Reporting Standard;

Timely disclosure of material news;

Corporate Governance Requirements (Alternative Reporting only):

Have a board of directors that includes at least two Independent Directors;

Have an Audit Committee, a majority of the members of which are Independent Directors;

Verification Requirements:

Maintain a Verified Company Profile;

Post initial and annual OTCQB Certification

'Everything works out in the end,,,If it hasn't worked out,,it's not the end'


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