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Re: james885 post# 40573

Sunday, 05/01/2016 1:35:58 AM

Sunday, May 01, 2016 1:35:58 AM

Post# of 49370

Each level on the OTCMarkets has their own listing requirements



Which are recognized by no one. They are not sanctioned by any regulator. OTCMarkets is a paid stock promotions company. It would be no different than if some guy named Bob decided to invent his own OTC "tiers" and charged companies $10,000 to be listed on one of Bob's tiers. All the stock on the OTC trade exactly the same regardless of what tier they pay to be on. The tiers are completely meaningless. Just for show. Neither the SEC nor FINRA, the 2 actual legal regulators that regulate the OTC Market, recognize those tiers in any way.

Writing a check to be on a tier that no one recognizes is not an "uplisting". It just means that the management of that company is happy to throw away shareholders' money to pay for something which has no actual value.

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