Grey (or Expert) to Pink

[creede]

That’s a great question.

I have been assuming they have some master plan to resurrect some of these tickers after brokers and “sophisticated investors” have been able to load up on super cheapies.

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OTCM is in business to make money. They must have a plan to covert these old shells into big money.

The other possibility has to do with making life easier and more profitable for the brokers. Seems like I read somewhere that OTCM wants all delinquent companies to go straight to Expert. Even if they were not suspended (so they would not have the CE).

This will essentially eliminate the grey market and brokers having to literally make three phone calls before they can execute an order. I believe that is the current system when someone wants to buy a grey sheet.