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Re: thetruth63 post# 4570

Wednesday, 02/10/2010 10:43:36 PM

Wednesday, February 10, 2010 10:43:36 PM

Post# of 13354
Did some reading on OTC and I am confused is xpgh filing for OTCBB or the other lesser pink sheet variant called OTCQX ? see details below ....... J

OTCQX market tier
OTCQX is a premium market tier offered by Pink OTC Markets that aims to raise the visibility of OTC-traded companies that, although not traded on a stock exchange, have operating businesses and provide substantial disclosure to the marketplace. The Pink Sheets has provided online stock tracking for many companies in its long history of online stock trading. . Similar to companies quoted on the Pink Sheets, OTCQX companies are not required to be fully SEC reporting companies (i.e. current with all SEC filings). Despite this, OTCQX companies must provide audited financials and certain disclosures to Pink OTC Markets.
OTCQX has two subcategories, PremierQX, the highest tier, and PrimeQX for companies that are too small for PremierQX, but otherwise meet the reporting requirements. The two categories are further differentiated into International and Domestic (US) companies.