WebFeb 20, 2015 · If (i) there has been no prior public market for the Company’s securities in the U.S. and (ii) FINRA has approved a Form 211 and (iii) the bid price is equal to or greater than $1.00, then the Company may apply to OTC Markets for an exemption from the 30-day minimum bid price requirements, which exemption is at the sole discretion of OTC Markets. WebOTC Markets won't make this Pink Current, until the Form 10 is effective in 60 Days. The SEC may make Mark withdraw the Form 10 before then, nullifying its effectiveness. If the Form 10 goes effective without the withdrawal, and is effective but delinquent, OTC Markets will deem it Pink Current but keep the Expert Market tag on it.
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