Alloy Steel Inc. (fka AYSI)

[DaveinHackensack]

Here's the reality:

1)Pink OTC Markets (i.e., the company that until 2008 was called Pink Sheets, LLC, or, more commonly, The Pink Sheets) runs all of these tiers: http://www.otcmarkets.com/learn/otc-market-tiers

2) Any stock that trades on anyone of those tiers, including the OTCQX, gets a .PK extension on its ticker symbol identifying it as a Pink OTC Markets / Pink Quote stock.

3) The OTCQX tier is a way for Pink OTC Markets to charge companies $15k per year to differentiate themselves from other companies that don't meet several fairly basic requirements (e.g., don't be bankrupt, have a share price above 10 cents, etc.). You can see the full list of requirements at this link ( http://www.otcqx.com/otcqx/otcqx/listing ), but note that being registered with the SEC and fully reporting to the SEC are not among the listing requirements of the OTCQX.

The only audited financials OTCQX stocks are required to provide are annual reports; quarterly reports can be un-audited.

4) AYSI, in its press release announcing its voluntary de-registering ( http://finance.yahoo.com/news/Alloy-Steel-International-prnews-3379482593.html?x=0&.v=1 ), said it "intends to continue reporting its unaudited quarterly and audited annual financial results". So, since you are content investing in .PK companies that only offer audited financials annually, AYSI.PK offering financial reporting on the same basis (audited annually; unaudited quarterly) should be sufficient for you.