Salon City Inc. (SALN): Something new to me re: dual listing -...

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snowcloud

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Sunday, 05/04/2008 3:50:15 PM

Sunday, May 04, 2008 3:50:15 PM

Something new to me re: dual listing -

During all of the uplist drama there was a lot of talk about "dual listing" on The Pinks and the OTCBB, as if SLON hadn't quite made the transition. The following paragraphs explain why almost ALL OTCBB stocks are dual-listed:

http://www.nqb.com/pink/otcguide/issuers_index.jsp

"Efficiency - Pink Link provides broker-dealers with a vastly more efficient, electronic way of trading OTC securities than the OTCBB, where traders are dependant on the telephone to negotiate transactions. Electronic trading reduces costs, both in time and money, and in an active market can help ensure that your investors get their orders executed before the market moves."

"Pink Sheets quotation provides a safety net for your company in the event of delisting or deletion from the primary market. A security not already quoted in the Pink Quote system at the time of delisting is subject to the requirement for a market maker to file a Form 211 and review by FINRA before quotations are permitted on Pink Quote. During the review period, which can be quite lengthy, there is often no public market for the security. The lack of a public market can confuse investors and negatively impact your company's reputation and stock price.

Market makers may also choose to quote a security on both Pink Quote as well as the OTCBB to take advantage of Pink Link, an electronic execution negotiation system not offered by the OTCBB."