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Re: OracleOfTheSouth post# 3593

Friday, 07/05/2013 4:18:43 AM

Friday, July 05, 2013 4:18:43 AM

Post# of 4651
RVPL was already on the OTCQB before this change, the only difference is the quotes were coming from both OTCBB.com and OTCLink before the change and now they are only coming from OTCLink owned by OTCMarkets.com. They decided to scrap the OTCBB owned by Finra quotation service like most other companies are doing these days since OTCMarkets services seems to be superior in many ways. Please read these articles for more clarification:

http://www.sec.gov/answers/pink.htm

http://www.tradersmagazine.com/news/finra-scraps-otc-quotation-system-sale-110527-1.html

FINRA has run the OTCBB for many years in competition with OTC Markets, formerly known as Pink Sheets. FINRA’s quotation system, however, has lost considerable ground to OTC Markets as market makers have moved most of their quoting over to OTC Markets’ system.



Please note this change was a VENUE change and not a TIER change as per this link http://www.otcmarkets.com/market-activity/venue-changes?search=rvpl&searchType=symbol and really nothing to get excited about in my opinion as RVPL was already on the OTCQB.

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