Double Crown Resources Inc. (fka DDCC)

[BigIronOnHisHip]

Pink sheet-listed companies have no requirement to be listed. All a company needs to do to get listed on the pink sheets is submit a form, entitled Form 211, with the OTC Compliance Unit. Usually this is done on behalf of a company by a market maker. The form must have current financial information. The more willing a company is to show its books, the easier it is for a broker-dealer to quote a price for that company. Some companies will make it easier and others will not; they are under no obligation to do so, and because of this, transparency is not comparable to financials for exchange-listed companies.

Pink sheet-listed companies are usually very small, tightly held and may also be thinly traded. The most difficult part about the pink sheet-listed companies is many of them do not even file annual or periodic reports with the Securities & Exchange Commission (SEC). This can make it very difficult – if not nearly impossible – for an average investor to get any real information regarding these companies.


Read more: The Over-The-Counter Market: An Introduction To Pink Sheets https://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp#ixzz5Tjh6MUgl
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