NutraFuels, Inc. qualifies for OTCQB up listing
NutraFuels, Inc., manufacturer of oral spray dietary supplements, has announced that the company has qualified to be up listed onto the OTCQB
NutraFuels, Inc. (OTCQB: NTFU) (OTC PINK: NTFU), manufacturer of oral spray dietary supplements, has announced that the company has qualified to be up listed onto the OTCQB.
Beginning in 2014, OTC Markets Group is making changes to make OTCQB a better venture marketplace for entrepreneurial and development stage US and international companies. Companies will be required to meet eligibility standards aimed at improving the information available to investors. To be eligible, US and international companies must be current in their reporting, meet a minimum bid test of $0.01 and undergo a new annual verification and management certification process.
OTCQB key highlights
- minimum bid price test of $0.01 will remove companies that are most likely to be the subject of dilutive stock fraud schemes and promotion
- improved investor confidence through verified information, confirming the Company Profile displayed on www.otcmarkets.com is current and complete and providing additional information on officers, directors and controlling shareholders
- greater information availability for investors through news and disclosure posted through the OTC Disclosure & News Service
- transparent prices for investors through full-depth of book with Real Time Level 2 quotes
Current US SEC Reporting and Bank Reporting companies, as well as for the first time, International Reporting companies listed on a Qualified Foreign Stock Exchange, will be eligible for OTCQB.
Securities of companies that do not either meet the OTCQB standards or qualify for OTCQX will likely continue to be traded by broker-dealers on OTC Pink.
