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Re: A deleted message

Tuesday, 10/19/2021 6:38:06 PM

Tuesday, October 19, 2021 6:38:06 PM

Post# of 1565
OTCM is a IDQS, one of the only major ones to exist. They, like I said, can give current status through alternate reporting when a ticker is in expert market. That is why grey market still is on OTCM tier list. IMO, eventually OTCM will have the ability to revive grey markets also with an initial information review similar to signing up to OTCIQ and alternate reporting.

Why is a specific security in Expert Market?

While we do not comment on specific securities, we have communicated our compliance determinations to impacted companies. Shareholders of companies that have moved to the Expert Market may contact the company directly. OTC Markets Group will continue to review disclosure published by Alternative Reporting Companies following the September 28th Compliance Date. These companies may be eligible for unsolicited quotes in the Pink Current Information or Pink Limited Information tier if OTC Markets Group is able to confirm the disclosure conforms to the Pink Basic Disclosure Guidelines.

What happens to Grey Market securities after the September 28th Compliance Date?

Grey market securities will remain on the Grey market after the September 28th Compliance Date unless the issuer undergoes an initial information review, a broker files and clears a Form 211 with FINRA, or the security meets another available exemption under Rule 15c2-11 (e.g. Large Company exemption, Unsolicited Quoting Only).



OTC Markets Group will play a greater role in bringing companies onto our markets. Our OTC Link ATS trading platform will function as a “qualified interdealer quotation system” and brokers will be able to rely on our current information designations in lieu of submitting a Form 211 with FINRA. This new regulatory status streamlines the pathway to the public markets for companies that are current in their disclosure obligations.



I have read the DD board and learned much from them all. Especially Janice Shell, who always answers PMs. Like I said I do my own DD, I use all sources available. I noticed a BIAS towards information regarding OTCM from the DD board. That is my opinion. God forbid that I can have my own opinions and source my own DD.


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