I can't believe you are comaring Alloy STEAL having ZERO requirements whatsoever on the Stinky Pink Sheets, reporting absolutely nothing to the SEC with companies that are fully reporting and fully registered non-form-15-filing on the OTCQX, the highest tier even above the OTCBB with very strict requirements, hence it is not part of the Pink Sheets (as confirmed by Finra, the SEC, and the OTCQX).
Alloy Steal is a loooooooooooong ways to go to qualify to get off the Pink Sheets.
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Phil Neri, 800-732-0330, of the SEC's Office of Investor Education and Advocacy informed me that the OTCQX and the OTCQB are NOT part of the Pink Sheets. He said, and I quote, "they are distinct from the Pink Sheets and not part of them. They can trade as Over the Counter market, but they are distinct from the Pink Sheets."
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Dear sir,
We have broken up the OTC market into three tiers. OTCQX is the quality controlled market place. Companies must meet ongoing disclosure and financial requirements which are available at otcqx.com. OTCQB is for any SEC reporting company or bank reporting company that is current in its filings. The Pink Sheets is a speculative market place which allows brokers to facilitate customer orders. OTCQX and Pink Sheets are two mutually exclusive tiers of the general OTC market.
Feel free to contact me with any further questions.
Regards,
Brandon
Brandon Ferguson
Business Analyst
Pink OTC Markets Inc.
304 Hudson Street, 2nd Floor
New York, NY 10013
issuers@pinkotc.com
+1.212.896.4420 w
