Rawnoc endorses OTCQX listing for JBII

Nah, the criteria for the OTCQX premier is light years ahead of the OTCBB. 99%+ of the OTCBB does not qualify for the OTCQX premier and would be rejected upon trying.

You can argue that there is a perception that the OTCQX premier is a step down, but you cannot say that it IS a step down. Perception? Among the ignorant (myself included at one point). Reality? It's a step up. There's subpenny shells with no assets on the OTCBB. OTCQX premier has all of the quantative requirements of major national exchanges. It's certainly a step up regardless of the perception. And JBII obviously qualifies for the OTCBB as well for a dual listing and will have that LOWER listing in addition with a form 211 filed by an MM.

OTCQX and OTCQB are distinct from Pink Sheets, according to the owners of Pink Sheets themselves. To be on the Pink Sheets, there are no listing requirements. To be on the OTCQB and OTCQX, there are listing requirements and therefore they are not considered part of the Pink Sheets.

JBII trades on the OTCQB and was approved for the OTCQX premier. Neither of these are part of the Pink Sheets, which is entirely separate. A company called OTC Pink Market owns them all, but they also own a vending machine at their company headquarters as they sell all kinds of products in ADDITION to the services of the Pink Sheets. JBII is not part of the Pink Sheets.

Still confused? Call 212-896-4400 yourself and ask them to explain it to you. Ask them if any stock trading on the OTCQX is a Pink Sheet stock. They will tell you NO they are not. Period.

The only question though is if they'll be qualifying for the AMEX or NASDAQ and uplisting to that first making the dual listing on the lower OTCBB irrelevant.

Raw