Hangover Joe's Holding Corp. (fka HJOE)

[james885]

"Which are recognized by no one. They are not sanctioned by any regulator. OTCMarkets is a paid stock promotions company. It would be no different than if some guy named Bob decided to invent his own OTC "tiers" and charged companies $10,000 to be listed on one of Bob's tiers. All the stock on the OTC trade exactly the same regardless of what tier they pay to be on. The tiers are completely meaningless. Just for show. Neither the SEC nor FINRA, the 2 actual legal regulators that regulate the OTC Market, recognize those tiers in any way. "



https://www.sec.gov/answers/listing.htm


https://en.wikipedia.org/wiki/Over-the-counter_%28finance%29

Usually OTC stocks are not listed nor traded on exchanges, and vice versa. Stocks quoted on the OTCBB must comply with certain limited U.S. Securities and Exchange Commission (SEC) reporting requirements. The SEC imposes more stringent financial and reporting requirements on other OTC stocks, specifically the OTCQX stocks (traded through the OTC Market Group Inc).