SPOOZ Inc (SPZI)

[Kool Aid Man]

Understanding OTC

Stocks that trade via OTC are commonly smaller companies that cannot meet the exchange listing requirements of formal exchanges. Stocks that trade on exchanges are called listed stocks, whereas stocks that trade via OTC are called unlisted stocks. Trade transactions occur through OTC Markets Group's market tiers: the OTCQX; OTCQB; and the Pink Open Market...

OTC Markets Group

OTC Markets Group operates the OTCQX Best Market, the OTCQB Venture Market, and the Pink Open Market. Although OTC networks are not formal exchanges such as the NYSE, they still have eligibility requirements determined by the SEC.1

OTCQX: The OTCQX does not list stocks that sell for less than five dollars, known as penny stocks, shell companies, or companies going through bankruptcy. The OTCQX includes only 4% of all OTC stocks traded and requires the highest reporting standards and strictest oversight by the SEC.

OTCQB: Often called the "venture market" with a concentration on developing companies that report their financials to the SEC and submit to some oversight.

Pink Open Market: Formerly known as pink sheets, this is the riskiest level of OTC trading with no requirements to report financials or register with the Securities and Exchange Commission. >>Some<< legitimate companies exist on the Pink Open Market, however, there are many shell companies and companies with no actual business operations listed here. https://www.investopedia.com/terms/o/otc.asp

THE ONLY TICKER LOWER THAN A PINK "SHELL RISK" IS A "YIELD SHELL" FOLLOWED BY THE UNQUOTED ''EXPERT MARKET.'' TRUE POND SCUM FISHING THIS!