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Re: Welcome2Pinkyland post# 121021

Tuesday, 07/19/2016 2:18:40 PM

Tuesday, July 19, 2016 2:18:40 PM

Post# of 160012
A new CEO...then IMTV goes Dark..? WOW

Why wait...the CEO filed to take this Company Dark aka a Non Reporting company with the SEC. Isn't this filing a Really Bad sign? http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11454340

I'm still guessing the new CEO has plans for this shell that will PR'd in the future and the PPS will go up. Let's see if it happens. The good thing is if I guess wrong the most I can lose trading $IMTV is only 100%

Do you understand what it means when a Microcap goes Dark? :(


http://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp

Dark/Defunct Tier
There are two types of companies that will fall into this memorably named tier:

No Information: You will see this category listed with a stop sign as a symbol. These are companies that are defunct or have not filed any information with either the SEC or the OTC Disclosure and News Service within the last six months. These companies are the ones that you need to be very cautious about.

Gray Market: The symbol for the gray market is an exclamation point. Companies in this category do not have a market maker. These companies are listed on neither the OTCBB nor the pink sheets. This category has no market transparency. Trades in this category are made by a broker-dealer and reported to their self-regulatory organization (SRO). The SRO will distribute the trade information, which is how prices can be tracked.


Read more: The Over-The-Counter Market: An Introduction To Pink Sheets | Investopedia http://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp#ixzz4Esbx4lQG
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