OTCQX Rules for U.S. Premier Companies
…within 6 months prior to applying for admission to OTCQX U.S., must have a minimum bid price of $4.00 per share for its common stock as of the close of…
…within 6 months prior to applying for admission to OTCQX U.S., must have a minimum bid price of $4.00 per share for its common stock as of the close of…
…broad. In fact, it was the congressional intent that the definition of security be very broad to encompass all forms of investment instruments and contracts that may be used in…
…be matched. If the company fails to pursue the insider for recovery of the profit, any shareholder can sue on the company’s behalf. Forms 3, 4 and 5 filed with…
…OTC Markets, OTCQX Benefits, and NASDAQ – There are many benefits to trading on an exchange such as NASDAQ. The biggest benefits to an exchange are the ability to…
…LawCast- Legal & Compliance, LLC- OTCQB Initial Disclosure and Certification Requirements. All companies are required to post their initial disclosure on the OTC Markets website and make an initial…
…fully support the conclusion that they are no longer a shell company including a discussion of current and future business operations and how a company generates or intends to generate…
…As discussed in the first Lawcast in this series, The SEC Division of Corporation Finance, referred to as “CorpFin” reviews and comments upon filings made to the SEC for…
…in the ordinary course of business and not with the purpose nor with the effect of changing or influencing the control of the issuer and includes for example a registered…
…U.S. over-the-counter market without registration under Section 12 of the Exchange Act and therefore without being subject to the Exchange Act reporting requirements. The rule is automatic for foreign issuers…
…its securities and where the company has an approved Form 211 with a bid price greater than $5 per share. A company seeking to rely on pro forma financial statements…