Whose reporting requirements are they bypassing? The SEC's, or OTC Markets' disclosure requirements?
Reg C was designed to make it easier for issuers to raise money. (Though nothing's easier than Reg D, really.) The disclosure requirements aren't as extensive as they'd be for an S-1, though eventually the company ends up as an SEC filer, if it wants.
But any company can get off the Expert Market simply be filing what I suppose could be called "annual report information" every 18 months. Once the company does that, it'll trade as an OTC Markets Limited Information issuer. It will have a bid and ask.
But I suppose it's possible that some brokers refuse to allow clients to buy Yield stocks these days. If so, that would be a reason to find another way to become compliant.
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