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Re: TJG post# 7214

Wednesday, 10/22/2014 12:12:51 PM

Wednesday, October 22, 2014 12:12:51 PM

Post# of 49370
For your information there are 3 levels to the OTC pink. And contrary to your comment in your other post HJOE is eligible to relist on the OTCQB when/if they once again meet the 1 cent closing bid requirement again.

OTC Pink Marketplace Segments

Because companies on OTC Pink are variable in their reporting, OTC Markets Group further segments them based on the quantity and quality of information they provide to investors: Current Information, Limited Information, and No Information

Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Pink Basic Disclosure Guidelines. The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk.


Limited Information
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 provide disclosure pursuant to OTC Pink Basic Disclosure Guidelines.


No Information
Indicates companies do not provide disclosure. Publicly traded companies that do not provide information to investors should be carefully researched before making any investment decision.

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