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Re: common_cents post# 17358

Thursday, 12/02/2010 6:01:03 PM

Thursday, December 02, 2010 6:01:03 PM

Post# of 102667
Sorry for the late reply but I did not see your reply.
I know a pink listing is less restrictive than a BB. I was merely stating that a company in the OTCQB market tier needs to meet certain reporting criteria to be deemed one. To maintain it both companies need to be current and fully reporting with their filings.

There are advantages to quoting on the pinks rather than the BBs so many companies have not moved to the BBs. Market makers generally favor the pink quoting system. In fact that is one of the reasons why the OTCQB market tier was brought in. Namely a reporting standard needs to be independent of where you choose to list.

Good day.
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