"is that legal since we all know SPNG is not trading on the OTC?" We don't ALL know that...it may be the sub-basement of the OTC, but it's still the OTC. The tricky part is leaving out the ".pk".
"OTC equity securities can be quoted on the Pink Quote system, and/or, if the securities are registered with the SEC and their issuers are current in their reporting obligation, on the OTCBB. Some OTC securities are not quoted on either the Pink Quote system or the OTCBB; these securities are sometimes referred to as grey market or "Other-OTC" securities." http://www.pinksheets.com/pink/otcguide/investors_index.jsp
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