Member Info for Chaebol

If I knew when Lenigas was buying and selling I might but unless you are privy to that then backing Lenigas companies is a big no no.

Yeh its been a funny few months holding this but its beginning to move now the last few days. Hopefully it continues.

GLA

The OTC Markets (OTCQX, OTCQB, or Pink), these are less stringent than Nasdaq’s requirements. The OTC Markets are not operated by Nasdaq but by OTC Markets Group. Here are the financial requirements for the top two tiers, OTCQX and OTCQB, which are most relevant for companies seeking a step up from less regulated markets:

OTCQX U.S. Market (Premier Tier):

Financial Standards (one of the following):

Total assets: At least $2 million

Total revenue: At least $1 million in the most recent fiscal year

Net tangible assets: At least $1 million

Minimum bid price: $0.25 per share as of the close of each of the 30 calendar days before admission

Public float: At least 500,000 publicly held shares or $2 million in market value of publicly held shares

Shareholders: At least 50 beneficial shareholders, each owning at least 100 shares

Market makers: At least 2 active market makers

Reporting: Must be current in SEC reporting or equivalent disclosures (e.g., audited financials per U.S. GAAP or IFRS)

Corporate governance: Must have an audit committee with a majority of independent directors and adopt a code of conduct

Listing fee: $5,000 application fee plus $12,000 annual fee

OTCQB Venture Market:

Financial Standards: No minimum financial thresholds, but companies must be current in their SEC reporting or equivalent disclosures

Minimum bid price: $0.01 per share as of the close of each of the 30 calendar days before admission (exemptions possible if no prior trading suspension)

Public float: No specific minimum, but companies must have a verified company profile and not be in bankruptcy

Market makers: At least 1 active market maker

Reporting: Must file with the SEC or provide equivalent disclosures (e.g., quarterly and annual reports)

Listing fee: $2,500 application fee plus $12,000 annual fee

Pink Market:

Financial Standards: No minimum financial requirements

Reporting: Minimal disclosure required; companies can trade with no SEC reporting if sponsored by a broker-dealer filing Form 15c2-11 with FINRA

Bid price: No minimum

Market makers: At least 1 market maker

Listing fee: No formal listing fee, but broker-dealer sponsorship costs apply

Key Differences and Context

Nasdaq vs. OTC Markets: Nasdaq is a formal exchange with stringent financial, liquidity, and governance requirements, offering greater visibility, liquidity, and institutional investor access. OTC Markets are less regulated, with lower barriers to entry, making them suitable for smaller or early-stage companies. The OTCQX and OTCQB tiers have some governance and reporting standards, but they are far less rigorous than Nasdaq’s. The Pink Market is the least regulated, often for penny stocks or companies with minimal disclosure.

Sources

Nasdaq Listing Center (listingcenter.nasdaq.com)

Investopedia on Nasdaq Listing Requirements

Colonial Stock Transfer on Nasdaq and OTC Requirements

OTC Markets Group on OTCQX and OTCQB

Real traders dont rent, they own.

Aye Lesh8 agreed..... My dog is being walked a lot !

This is excellent news Tone Goh buying. He already owned 43 million shares....some rich news must be coming in June and July, bodes very well for us!

GLA

Nice trading Not ready! and a nice holding you still have. If i were sitting on those types of profits I would be top slicing as well.

Remember selling motivates buyers and buying motivates sellers, more liquidity we have here the better. Here is to the next leg up and GLA.

At 20p I'll even buy simonthezealot a pint! maybe.

GLA

Still waiting for the next RNS before i even consider selling these beauties. These rises are glorious ! I can only imagine how this screams when the next positive RNS come in clarifying R42 assets in CPAI.

GLA exciting times.

Herdie,

Sarah is one of the few good ones that comes out of the Argo shambles she is genuinely genuine. I heard she was very sick during its worst times. Cheers I’ll take a look.

Cheers CLSKBull. Buying these for the possible pump in July with he possible completion of 50 eh. GRYP another one thats gone mad last few weeks but Ibottled it. I think miners will pump hard when BTC goes mad, its just timing the right ones!

GL

Anyone know about this mob CANG

32 EH operational another 18 EH online by July

21.5 J TH

17.8 BTC per EH

80 % fleet S19 XP all hosted by bitmain

20 % fleet S19 J XP

Immersion

HODL 2900 BTC

Loan 105 million?

Cash 250 million?

MCAP 450 million

https://ir-image.cangoonline.com/ir-documents/Cango%20Earnings%20Presentation-2025Q1.pdf

This price is unreal. Makes no sense, all I will do is keep adding at these prices. GLA

I wish I had bought the US OTC shares tbh. Lets hope this starts aligning with the US price.

GLA

Good to see BTC running been a tough 4 months. Let's hope this is the start of a big run.

GLA

Lol Gold goes up we go sideways Gold goes down we getting hammered, Will not be like this for long.

$3370 and this is up 0.77% Its' laughable and adding at these giveaway price, mad.

GLA

Flummoxed with this sp I really am. Will add more if this goes under 30p and I am sure Ill throw the dividend money into shares as well.

GLA

Income Threshold:

To be in the top 10% of earners in the UK, you would need to earn £59,200 or more annually.

That is not a lot of money in todays day and age and definitely not an income to boast about.........

Yeh no doubt a trade is here but it's still a very brave move..... Poor Investor loves these types of plays wonder if he is still hovering around and thinking of buying this dog.?

An insider is selling 2/3rds of his holding, paint it whatever way you want but this is not good at all.