Listing requirements of OTCBB

Listing Requirements of the Over the Counter Bulletin Board - OTCBB
 

--------------------------------------------------------------------------------
 

The stated and un-stated listing requirements for the OTCBB are as follows:

fully reporting with the Securities and Exchange Commission,

not a black check or inactive company,

minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),

directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,

must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.