WHAT ARE THE FEATURES OF OTCBB?

WHAT'S THE DIFFERENCE  BETWEEN NASDAQ AND NASDAQ?

 OTCBB differs from NASDAQ in the following aspects:
1) no listing standards;
2) it is not necessary to register at OTCBB, but it should be registered at SEC and approved by NASD for listing;
3) short listing approval time;
4) the listing fee is very low and no maintenance fee is required;
5) there is no standard for maintaining quotation or listing in terms of stock price, assets and profits.
The National Association of Securities Dealers Automated Quotations is an American stock exchange dedicated to supporting start-ups, the so-called gem market.
Compared with NASDAQ, OTCBB has a low threshold. It has no requirement for size or profitability. As long as more than three market-makers are willing to make a market for the securities, they can apply to NASD for listing. After listing, the enterprise shall submit the report to the SEC on a quarterly basis, and then it can be listed and circulated on OTCBB.

THE DIFFERENCE BETWEEN OTCBB SHELL BORROWING AND IPO

Because OTCBB's listing threshold is low, it has been favored by Chinese private enterprises. In order to achieve listing in the United States and access to capital operation, domestic private enterprises usually choose to list in reverse mergers with an American shell company listed in OTCBB, but some enterprises do not know that they can also list directly in the OTCBB market. Through direct listing, it can reduce the share reduction ratio of existing shares. At the same time, it can protect the existing share holders to the maximum extent, free from the objective influence of the original shell company, and hurt the interests of the share holders of shell company by selling shares after the company enters the market. However, the IPO of shares in OTCBB requires higher requirements on the company and requires more complicated auditing and auditing process, so it usually takes more time than the shell purchase.
Backdoor listing or IPO, depending on the situation of different enterprises, securities market and other factors comprehensive consideration.

AMERICAN OTCBB MARKET FEATURES AND ADVANTAGES

1. There is no need to determine the listing standards, and the flexible style mode requires low requirements.
2. Simple and fast registration and listing;
3. Short time for listing approval and easy approval;
4. The listing fee is extremely low and no maintenance fee is required;
5. There is no standard for maintaining quotation or listing in terms of stock price, assets and profits;
6. Provide professional support to start-ups and small and medium-sized enterprises;
7. It is especially suitable for the capital operation of Chinese enterprises, creating international brands and rapidly expanding the capital of enterprises, so as to obtain greater profits with minimal investment.