Make Your Small Cap SOXable

High-Impact Opportunities for Small Cap Companies

As the importance of compliance grows in upper tier markets, the importance of compliance proliferates exponentially through Tier II and over-the-counter markets. While companies traded in upper tier markets tend to have the resources to comply with requirements (such as those in the Sarbanes-Oxley Act), small caps need to invest their resources in growth initiatives more than complex compliance initiatives. They need to invest their funds more judiciously, which makes innovative approaches to compliance crucial. The clock is ticking for all 3,319 companies that trade on the OTCBB and all 10KSB filers. There were 3,560 10KSB filers, meaning that a few hundred of them either trade via a lower level listing program or the pink sheets. The result is that 3,560 publicly traded small and medium-sized enterprises (SME) that currently face compliance challenges, and twice as many may need to prepare for near-term compliance.

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