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Re: User-65225 post# 12297

Friday, 11/03/2006 8:45:08 PM

Friday, November 03, 2006 8:45:08 PM

Post# of 82842
This web site outlines the requirements for the BBX to replace the OTC. This should not be a problem for CKYS.

This excerpt below was obtained from http://www.learnaboutlaw.com/newsletter/v0003.html

"...What BBX Means for Issuers, Investors and the Marketplace
The BBX exchange is not yet accepting applications for listing. The BBX exchange has applied and submitted an application to the Securities and Exchange Commission for review. The BBX will not be put into effect until the SEC grants its approval. The bad news for issuers is that continued listing on the BBX will be time-consuming and expensive. The increased fees, listing standards, and the imposition of outside director rules will increase nearly every issuer's expense by at least $50,000 per year, in most cases much more. The good news is that BBX issuers can reasonably expect their stock to enjoy more liquidity in the trading markets, and will enjoy easier access to capital..."

I like this part, "...BBX issuers can reasonably expect their stock to enjoy more liquidity in the trading markets, and will enjoy easier access to capital..."

This is where the big money will be. Uplisting is very important to initial investors of CKYS. Without the OTC (soon to be the "BBX") those big spenders want come as easy. Although some will come when they see the A/F's, but a listing on the BBX will definitely bring in the big investors.

GO CKYS!!!

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