PMX Communities Inc. (fka PMXO)

[eik]

Pink Sheets and OTCBB Major Differences

- A company listed on the OTCBB is required to file a quarterly financial report with the SEC, while companies on Pink Sheets are not required to report financial statements at all.
- Companies who trade on the Pink Sheets are not required to adhere by the Sarbanes-Oxley Bill, while those on the OTCBB are.
- Companies who list on the OTCBB generally do so because of the extra prestige, while those who choose to list on the Pink Sheets generally do so because of the lower costs.

http://www.stockbrokers.com/news/pink-sheets-vs-otcbb/

I always considered (as the worst case scenario) PMXO to be rare and clean reporting shell worth about $200K (in reverse merger or buyout). By moving to Pinks they lost about half of this value - they still clean but not rare anymore. Actually, I would not be surprised to see form 15-15D (CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION) filed next. How many auditors have they switched last couple of years? This would remove all this pain completely. IMO.