Liberator Medical Holdings, Inc. (OTCBB:LBMH) All Grown Up, Waves Goodbye to the OTCBB

After filing a Form 8-A12B last Friday on November 8 and letting that hang for a while without any press release to go with it, yesterday Liberator Medical Holdings, Inc. (OTCBB:LBMH) officially announced that the company’s stock has been cleared for trading on the NYSE MKT. The ticker closed its penultimate OTCBB session nearly 10% green.

LBMH‘s Form 8-A12B filing, referred to as Registration for Listing of a Security on a National Exchange Form, cropped up among the company’s filings almost two weeks ago and had “NYSE MKT LLC” in its full text. That was very good indication of what was going on but still the company waited a while before coming out with the official announcement yesterday.

In a press release hitting the wire yesterday morning LBMH announced its common stock has been approved for listing on the NYSE MKT. The switch is going to become effective tomorrow, Nov 20, and the company will continue trading under the LBMH ticker. Along with the swap, the company will discontinue trading on the OTCBB.

The press release was accompanied by the customary congratulation from a NYSE official. It would seem LBMH does deserve the proverbial pat on the back as it has managed to make steady progress towards this uplisting. The company kicked off its winning streak in the middle of this summer, borne on news of its third cash dividend. Last Thursday LBMH declared its fourth cash dividend, once again in the amount of $0.03 per share, payable January 10, 2014.

Turning over $2 million in net profit in its last reported quarter, LBMH a company that stands out from the majority of its OTC peers. Tomorrow’s move to the NYSE MKT will hopefully bring enhanced exposure to the business and will help LBMH‘s team work towards further improving shareholder value.