China Education Resources Inc V.CHN.H

RE:CHN awakening giant

[Thebeginner2020]

CHNUF - China Education Resources, Inc. | Overview | OTC Markets

OTCQB | OTC Markets
Eligibility Requirements

 

• U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from requirement to use a PCAOB auditor for their initial audit)

• Meet minimum bid price test of $0.01

• Not be in bankruptcy

• Have at least 50 Beneficial Shareholders, each owning at least 100 shares

• Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security.

  Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption (see OTCQB Standards)

• Have a transfer agent that participates in the Transfer Agent Verified Share Program (US Companies only)

• International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor

 

Reporting Requirements

 

Meet one of the following Reporting Standards:

• SEC Reporting Standard

• Regulation A Reporting Standard (Tier 2)

• U.S. Bank Reporting Standard

• International Reporting Standard

• Alternative Reporting Standard

 

Timely disclosure of material news

 

Corporate Governance Requirements (Alternative Reporting only)

 

• Have a board of directors that includes at least two Independent Directors

• Have an Audit Committee, a majority of the members of which are Independent Directors

 

Verification Requirements

 

• Maintain a Verified Company Profile

• Post initial and annual verification and management certification
   

  OTCQB Application Guide for U.S. Companies

  OTCQB Application Guide for International Companies

   

  OTCQB Application

  Background Check Authorization Form

  OTCQB Company Agreement 

  This is a sample watermarked version of the OTCQB Agreement for preview purposes only. Please note that an Analyst at OTC Markets Group will send this Agreement directly to the company via Docusign at the time of approval.

  OTCQB Certification Template

  Personal Information Form

  Personal Information Form - Additional Disclosure Reporting (upon request only)

   

  Alternative Reporting Standard Disclosure Guidelines for OTCQX and OTCQB

  Additional Disclosure: Mining CompaniesOil & Gas CompaniesReal Estate Companies 

  
  Annual Fee: $14,000

  Semi-Annual Fee: $7,500

  Application Fee: $5,000

   

   

  Payment Instructions