Secure Point Technologies Inc (fka IMSCQ)

[T-R1]

It exists because the rules are different and one of biggest differences is that there are really no "major" consequences for failing to meet those rules.
I pretty much stopped trading OTC couple of years ago (IMSC is the exception) but I specifically remember companies still trading without filling quarterly reports OR extension (which is the worst offence), etc. They simply lose certain "benefits" and get a special label.

Can't do that on major exchange.