Bots Inc (BTZI)

[lesgetrich]

Mcig is a fully reporting company as defined by the OTC...

OTC Reporting

To help investors analyze, value and trade securities, OTC Markets Group categorizes the 10,000 securities trading here into tiered markets – OTCQX, OTCQB and Pink - based on the quality and quantity of information companies provide.

- The OTCQX Best Market is for companies qualified by high financial standards, the quality of their disclosure and a third-party sponsor introduction
- The OTCQB Venture Market is designed for entrepreneurial and development stage U.S. and international companies that are current in their reporting but may not yet qualify for OTCQX
- Companies that do not either qualify for OTCQX or comply with OTCQB requirements are traded on Pink, an open market designed for broker-dealers to electronically trade securities without any company involvement.

Specific Corporate Actions require disclosure...

A Company's Obligations on the OTCQX, OTCQB and Pink Markets

Financial Reporting - Many companies are not subject to SEC registration requirements, and therefore, do not make regular filings of financial information and other corporate events with the SEC. Companies are not required to provide financial information to OTC Markets Group; however in order for investors to make informed trading decisions, many companies elect to provide disclosure. For a detailed explanation of SEC registration and reporting requirements and the exemptions available from those requirements, please see the SEC's Small Business Question and Answer Page
Corporate Actions - SEC Rule 10b-17 requires all OTCQX, OTCQB and Pink companies to provide timely notice to FINRA of certain corporate actions, including dividends, stock splits, reverse splits, name changes, mergers, acquisitions, dissolutions, bankruptcies or liquidations, at least 10 days prior to the record date.

mCig discloses all the required Corporate Actions on PR's and Form 8-K and is "Fully Reporting" on the OTCQB Market.