How does a company become listed for stock price quotation on the NASDAQ Over-the-Counter Bulletin Board?

The NASDAQ Over-the-Counter Bulletin Board currently provides access to more than 6,500 securities and has approximately 400 participating market makers. The company must make application for listing on the NASDAQ Over-the-Counter Bulletin Board through a registered NASD market maker. This application is made on a disclosure document commonly referred to as a Form 211. The NASD reviews for accuracy the Form 211; and, once it is approved, the company securities are cleared for quotation on the NASDAQ Over-the-Counter Bulletin Board. We at GoPublicUSA.Com help companies become listed on the NASDAQ Over-the-Counter Bulletin Board. We are a corporate consulting firm specializing in micro cap companies. We provide these services to companies at a fee substantially lower than most U.S. law firms.

It is important to note that as of January 4, 1999, the U.S. Securities and Exchange Commission ("SEC") approved the "OTCBB Eligibility Rule". This rule now requires all securities not yet quoted on the NASDAQ Over-the-Counter Bulletin Board (TCBB) to report their current financial information to the SEC or other appropriate regulatory authority in order to meet the eligibility requirements for listing on the OTCBB. To meet these new eligibility requirements, most domestic corporations simply have to file what is known as a Form 10 with the SEC pursuant to the Securities Exchange Act of 1934, as amended. Once the SEC has approved the Form 10, the company is considered to be a "Fully Reporting" company. The Form 10 is a basic financial disclosure document, which is disseminated to the public. Additionally, those companies already listed on the OTCBB that are not "Fully SEC Reporting" have been given a phase in period with which to comply with the new SEC reporting requirements or they will be delisted. The new eligibility requirements were designed to make the OTCBB a stronger and cleaner securities listing service for micro-cap issuers.