25 cents - for U.S. companies
And that 25 cents is the price per pinksheet, which could be equivalent to five or ten standard share price. If a company is selling at .025 pps and the pink sheet is selling at 0.25 then the pinksheet to share ratio is 10 to 1. You buy 100 pinksheets and you effectively bought 1000 shares. Kapish?
For International companies that 25 cents per pinksheet requirement is not listed on the letter titled "Disclosure Categorization Starting May 2007" within EAGM board post #7856 from mstep. Check it out. I do believe that Cayanne Resources, Inc., headquartered in Toronto, makes it a Canadian company. Canadian companies have led the way in Colombia as being ruthless, and not caring of the mine workers. That's why there is so much turmoil in Colombia at the present time. We all have to admit that we are with the Canadians when it comes to money, ignoring the human rights issues ownership in these Colombian mining companies cause. Otherwise, we would not be shareholders. Capitalism, we're born and raised in it, invest in it, and make a living through it. It is ingrained in us, however it pays to take note that in emerging and newly developing countries that we invest in, our profits are made at the expense of the poor in those countries. That said, we are not going to stop investing in them and buying their low priced wares. For without us, they would never be emerging nor developing.
AI
