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Re: btm post# 40575

Sunday, 05/01/2016 2:10:49 AM

Sunday, May 01, 2016 2:10:49 AM

Post# of 49370

I believe OTCQB and OTCQX has there own minimum share price requirements also



Which are meaningless, as they are invented by a stock promotion company. OTCMarkets is NOT A REGULATOR. They are a paid promoter. Those "tiers" were invented so OTCMarkets could charge companies for the meaningless tier designation. And most companies that pay for that do so to pump and promote the stock, because it has absolutely no other purpose. The tiers are not recognized by either SEC or FINRA. They are just for show. The minimum stock price is just arbitrary and wasn't approved by any regulator. They could have just as well said the OTCQB was limited to companies with an B in their name. The tiers are invented and are absolutely meaningless.

HJOE will trade exactly the same regardless if they pay for the tier designation or not. OTC all trades exactly the same no matter if they write the check for a tier designation or not. The only actual designation that means something that DOES affect trading is SEC registrant or not SEC registrant. That actually does mean something.

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