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Re: Porgie Tirebiter post# 50918

Thursday, 09/15/2022 9:22:04 AM

Thursday, September 15, 2022 9:22:04 AM

Post# of 54100
it wasnt their active decision to move to otc - they couldnt meet the min bid test to stay on the big board as notified by the big board- unless they reverse split- and most rail against a r/s which would cost them 15k by the big board plus otcqx saves them most of that 185k/yr big board annual fee-

yes they lost a lot of big investors by going to the otcqx - including investors ignorant re otcqx - all brokers i've talked to are ignorant re it -some dont even know it exists - otcqx has been around since 2009 - but if brokers dont know their clients are not likely to know either- why would going to otcqx relieve them of sec pressure??

they are still sec reporting as is EVERY stock on otcqx- as well as the next lower level - the otcqb. The otcqx is also the repository of many foreign blue chips which dont want the hassle of the red tape of big boards or high fees of big boards

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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