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Garyst

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Garyst

Re: markt1983 post# 2431

Tuesday, 05/31/2016 3:31:40 PM

Tuesday, May 31, 2016 3:31:40 PM

Post# of 4911
Nah, not the pps level that determines the tier for penny stocks. We could fall to 002 or even lower and as long as filings are current we're good. Below is a link but basically there are 3 tiers.

USOTC, filings are current is basically the main requirement

Pinksheets, Co hasn't filed recent filings or nothing for some time

Grey market, end up there after a ticker gets suspended. There is no bid/ask quoted and is basically trading blindly. Once there I've never seen a ticker uplist to a higher exchange. Example would be a Co putting out bogus PR's to raise their pps. NERG is in this situation now. Suspended and will open up there.

http://www.otcmarkets.com/learn/otc-market-tiers
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