Wednesday, April 17, 2019 3:09:24 AM
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.
How to Remove the "Stop Sign"
A company may provide disclosure through a selected U.S. regulatory agency (such as the SEC or a Banking regulator), a qualified foreign stock exchange, or through the Alternative Reporting Standard pursuant to the Pink Basic Disclosure Guidelines.
OTC Markets Group offers products that enable Pink companies to provide more information to investors.
SEC Reporting Companies:
SEC reporting companies should be aware that information published directly to www.otcmarkets.com will not be considered when determining the placement of the stop sign. The determination for reporting companies is based solely on information filed with the SEC's EDGAR system. Delinquent filers either become current in their filings with the SEC or deregister and then follow the steps above for non-SEC reporting companies.
Taken from..
https://www.otcmarkets.com/corporate-services/information-for-pink-companies
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