InvestorsHub Logo
Followers 45
Posts 7066
Boards Moderated 0
Alias Born 02/05/2008

Re: rdwild post# 9852

Wednesday, 07/15/2009 4:18:36 PM

Wednesday, July 15, 2009 4:18:36 PM

Post# of 18746
Some use PRs to dump stock, thus it would defintely sit at 2's or lower. PRs are not always a positive thing.

From Pink Sheets:
"Generally, Pink OTC Markets will remove the Caveat Emptor designation once the security meets the qualifications for Current Information and Pink OTC Markets is satisfied that there is no longer a public interest concern, typically no sooner than 30 days. In the case of reverse mergers, Pink OTC Markets will remove the Caveat Emptor designation upon qualification for Current Information or, for SEC filers, with the submission of a super 8-K, with no 30 day minimum.

During the time it is labeled Caveat Emptor, any stock that is not in the Current Information category will also have its quotes blocked on pinksheets.com."