WPWR listed as Pink (Limited Information).
Just noticed that WPWR is no longer lieted as OTCQB.
Apparently regulators got tired of waiting for the latest filing which is about 3 mox late..
Does anyone know when this reclassification took place?
Here is what OTC says about this type of listing.
The Marketplaces
OTC Markets Group organizes securities into the OTCQX®, OTCQB® and OTC Pink® tiered marketplaces. The marketplace on which a company trades reflects the integrity of its operations, its level of disclosure, and its degree of investor engagement.
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The Open Marketplace
The OTC Pink® marketplace offers trading in a wide spectrum of equity securities through any broker. This marketplace is for all types of companies that are there by reasons of default, distress or design, which is why they are further segmented based on the level of information that they provide.
If you find that a company does not provide high quality information, be extra careful and cautious. Investors are strongly advised to thoroughly and carefully research companies before making any investment decisions.
OTC Pink Provides a Base Level of Trading Efficiency
Electronic trading (through institutional, retail and online brokers)
Transparent prices
Classification of companies based on the variable levels of disclosure and information availability
Access to all types of U.S. and global companies (including ADRs, penny stocks, shells, bankruptcies, and minimally engaged companies)
OTC Pink Marketplace Segments
Because companies on OTC Pink are variable in their reporting, OTC Markets Group further segments them based on the quantity and quality of information they provide to investors: Current Information, Limited Information, and No Information
Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Pink Basic Disclosure Guidelines. The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk.
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Limited Information
Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to provide disclosure pursuant to OTC Pink Basic Disclosure Guidelines.
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No Information
Indicates companies do not provide disclosure. Publicly traded companies that do not provide information to investors should be carefully researched before making any investment decision.
Click here for more information on the OTC Pink marketplace segments.
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