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OTCs Breakout Board RSS Feed

Followers
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Created
02/22/10
Type
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Moderator OTC_hub
Assistants MaxPowerLove$Ihub

This is the PINKSHEET  Breakout Board. Please post any alerts you may have! 

http://www.otcmarkets.com/pink/marketactivity/rt_trade_stats.jsp

 

 

OTC Market Tiers

The OTC market is made up of many different types of companies, ranging from OTCQX companies that strive to be worthy of investor consideration to economically distressed companies to speculative shell companies. The below chart explains the different OTC market tiers.

The OTCQX marketplace is the premier tier of the U.S. over-the-counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers.

 

Identifies securities that are quoted on both Pink Sheets and the OTCBB. While all OTCBB securities must be SEC reporting and current in their reporting obligations there are no operational or management standards the OTCBB also includes development stage and shell companies. More than 96% of all OTCBB securities are dually quoted on Pink Sheets as our Pink Link messaging system allows market makers to electronically trade OTC securities.

This security is quoted solely on the OTC Bulletin Board quotation systems so market makers must use the telephone to make any trades.

Reporting companies that submit filings to regulators with powers of review and that make the filings publicly available or non-reporting companies that make current information publicly available on the Pink Sheets News Service pursuant to Pink OTC Markets Guidelines for Providing Adequate Current InformationPink Sheets Guidelines for Providing Adequate Current Information (pdf). The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors.

Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months.

Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.

There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.

Buyer Beware. There is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions. During the time it is labeled Caveat Emptor, any stock that is not in the Current Information category will also have its quotes blocked on otcmarkets.com.

For more information about OTCQX, see www.otcqx.com.

For more information on the Pink Sheets disclosure categories, please see: http://www.otcmarkets.com/pink/otcguide/categories.jsp.

For more information about the OTC Bulletin Board, see www.otcbb.com.



 

 

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