PharmaCyte Biotech Inc (PMCB)

[thenewmixer]

this is where nvlx falls

Our middle marketplace, OTCQB, has replaced the OTC Bulletin Board (OTCBB) as the preferred marketplace for broker-dealers to electronically trade in SEC and Bank reporting companies that have not qualified for OTCQX. There are now over 3,000 securities traded on OTCQB with an average of 10 market makers per security. But while OTCQB has improved the broker-dealer experience in trading these securities, we have heard from company executives and investors who would like us to improve OTCQB for them – to make it a better venture stage marketplace.

To do that, we must create standards to improve transparency and exclude companies that are most likely to be associated with stock promoters and other nefarious operators. We also need to improve the information and level of engagement companies have with their marketplace.