i read it as though they would essentially become grey if they are not providing the needed information
"broker-dealers, in their role as professional gatekeepers to this market, do not publish quotations for an issuer’s security when current issuer information is not publicly available"
I think its now gonna include the "no information" pinks???? that previosly had a quote?????
Current Information: These companies frequently provide information in the form of their financial reports to the SEC or OTC Markets.
Limited Information: The companies that provide information less frequently, and have not submitted any reports within the last half year.
No Information (Red Flag): Companies in this category have either provided no information or it has been more than six months since their last report. This is a red flag for other companies that wish to trade, as businesses in this category may not be trustworthy.
Caveat Emptor: This phrase is Latin for “Let the buyer beware.” OTC Markets strongly discourage investors from considering these markets, as they continue to provide little to no financial information. These companies may be engaging in scams or other manipulative business practices.
Grey Market: Grey market companies are not trading on any OTC markets due to their lack of financial reporting or failure to keep up with SEC rules. These companies consequently struggle to attract devoted investors.
