NEWLY UPGRADED TO THE (OTCQB), THE YEAR OF $OXIS CONTINUES...
Oxis International (OTCQB:OXIS) has had quite the year. Right after the new year OXIS announced patent licensing for Multiple Myeloma treatments, as well as releasing press of Dr. James J Mulé to the scientific advisory board. The cherry on the sundae, so to speak, may have come last week with the announcement of OXIS being up-listed to the OTCQB.
Unless you’re new to the small cap or micro cap game, this probably isn’t the first time you’ve heard about a company getting “up-listed” and it certainly won’t be the last. Many people don’t really understand the importance of up-listing and how it can be a real game changer for the company.
There are many advantages for a company that gets up-listed but as with all good things, there are some disadvantages too. Let’s take a take a look at both sides of the coin.
Some of the advantages to a stock getting up-listed include:
- Exposure to more favorable financing options
- Increased investor confidence due to reporting requirements of the exchange
- IE companies need to identify an accurate share structure, list the law firm responsible for handling the company’s annual report(s), etc.
- Minimum prices per share will be maintained due to the requirements of the exchange
- For OTCQB, companies need to meet an ongoing minimum bid price test of $0.01 as of the close of business for at least one of every 30 calendar days
- A heightened sense of corporate responsibility by way of additional reporting by companies regarding information on officers, directors, and controlling shareholders.
If you are an investor with your eye on a company, OXIS, moved up to another exchange, one of just a few of the positive things.
OXIS Recent articles are scattered all over the internet. I don't see a constant push for a Price Point as I do with other companies. As OXIS grows, the PPS will also.
When the company made the jump to “the QB”, a huge jump, they proved they have all their ducks in a row. For investors, the upside is, if a company is making that jump, chances are a certain level of transparency and many articles will be written. I keep posting those. Many articles and recent news on $OXIS.
With the upcoming election, positive results on the MJ sector in turn can become a strong focus for investors. $OXIS is already a Top 5, if not the Top MArijuana stock to own in 2015, sccording to many sources.
Playing with the Big Boys
Moving up was a game changer for the future of a company like OXIS. Establishing transparency is key in maintaining confidence of investors. Being able to have a clear picture of the financial situation of a company is one of the most important things to making smart investing decisions. And for some companies, if things go well on the OTCQB, they set their sights on the NASQAQ or NYSE!
Hopefully a Happy Ending For all of us in 2015!
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