OTCBB General Discussion

[Anthony M]

Where did they go!

Background

In the summer of 1999, the National Association of Securities Dealers (NASD) began the process of de-listing over 3,000 companies from the OTC Bulletin Board.

This left many OTC stocks with virtually no visibility in the securities markets.

In response, the Pink Sheets expanded its mission to provide a centralized source of quotations and information about OTC securities, by introducing its real-time Electronic Quotation Service for the OTC market in the fall of 1999.

Incorporating state-of-the-art Internet technology and accessed through an advanced Java application, the Pink Sheets' Electronic Quotation Service has been rapidly adopted by the broker/dealer community, adding significantly to the transparency of quotes for OTC securities.

The Pink Sheets' Electronic Quotation Service is not an exchange, but a cutting-edge nexus in which competitive market makers display real-time prices and potential liquidity in thousands of domestic equities, Level I ADRs and foreign ordinaries. Pink Sheets offers the same transparency and the same market makers as Nasdaq and the OTC Bulletin Board for companies that are unable or chose not to list their securities on Nasdaq or an exchange. It's that simple.

Available at no cost to issuers, the Electronic Quotation Service allows real-time quotations from competing OTC market makers thus facilitating a more liquid and transparent OTC market for your securities, and paves the way for a better, deeper, more efficient OTC marketplace.

pinksheets.com

Now Pink Sheets continues the revolution in the OTC marketplace with the introduction of pinksheets.com, a web-based portal for quotes, financial news and company information for the OTC marketplace. Designed to provide a central resource for information on OTC companies to investors, brokers and issuers, pinksheets.com offers free quotes with a fifteen minute delay. Now your investors can have access to accurate pricing, as well as current company information and news. As with the Electronic Quotation Service, there is no cost to issuers for this service.

While companies do not have to be Securities and Exchange Commission (SEC) reporting to be quoted on the Pink Sheets, it is highly recommended that issuers make available company information to shareholders and market participants in a timely manner.

Full Link...

http://www.pinksheets.com/issuer/index.jsp