this history- completely unknown to all brokers i'
Post# of 1012
'thats a mutual fund!" -I/ve never understood humanoid ignorance- but finally discovered what caused it in 1995
and to this day nobody else knows bc ppl refuse to hear and listen-bc belial is their master who rules thru their huge rebellious carnal double mind(the repository of 99.999999% of their free will decisions -which they dont remember bc belial has the right to remove the memory of such decisions and surround their weak sickly about to die [almost never fed} conscious minds(as my late pastor called it) w another of millions of isa 25:7 veils of deception to especially block spiritual truth(stealing the word and witness) but also to block much secular truth-
and the human species will not grow up until they either recognize this (which they wont on their own) or He slaps them completely silly to wake them up as He did w Paul- thus using His sovereignty to violate their free will- this is the method He used to move His plan forward throughout almost all history-otherwise humans would have disappeared long ago
no problem yet -presumably ZNOG is aware of these requirements and will do what is necessary to comply with OTCQX min bid price requirements
the next lower tier-OTCQB- is really no problem either-all OTCQB companies are sec reporting- in fact, before otcmarkets.com formulated the QX/QB designations- OTCQB was simply called fully reporting-meaning sec reporting-except that perception matters to some bipedal humanoids,especially blue bloods (except semiprivate hedge funds which target many penny stocks- even nonreporting pinks-due to lower fiduciary requirements
QB has min bid price of only one cent plus a 10000 surcharge to be on QB rather than pink-when those QB requirements were added in 2014/2015(depending on a companies fiscal year)-many now former QB companies couldnt or wouldnt meet those requirements and thus they dropped down to the pinks-thus many pinks are sec reporting nowadays-this caused great confusion among investors-especially those with fiduciary duty requirements
but it served otc's purposes for greater transparency and greater fees /income from companies who are reported on otcmarkets.com- since otc essentially created a monopoly on otcmarkets.com -investors who want info on co's or are just searching for co's dont have much choice but to go to otc's centralized exchange
$0.10 per share
Have a minimum of 50 beneficial shareholders owning at least one round lot (100 shares) each; Have a minimum bid price of $0.10 per share for its common stock as of the close of business on each of the 30 consecutive calendar days immediately preceding the Company’s application for OTCQX.
OTC Markets Listing Requirements, OTCQX, OTCQB, OTC PINK, | …
www.securitieslawcast.com/securities-lawcasts/otc-markets-listing-requirements/
www.securitieslawcast.com/securities-lawcasts/otc-markets-listing-requirements/