Moller International (fka MLER)

[j5mith]

I don't think so. All it means is that they are placed in the "Pink No Information" tier of the OTC stock exchange -- meaning that there are no reporting requirements whatsoever.

This is how such companies are described on the OTC exchange:

Indicates companies that are not able or willing to provide current disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.