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Re: lmcat post# 6179

Monday, 02/21/2011 4:51:58 PM

Monday, February 21, 2011 4:51:58 PM

Post# of 18370
Just to further clarify, I believe HP may be thinking that because OTCMarkets has them both listed as OTCQB, that they're of equal standing.

However on the NASDAQ site, the one is listed as OTCBB while TMSH is listed as "other otc".

Here are the definitions that NASDAQ has for each.

OTC Bulletin Board (OTCBB)

The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange. Approved by the SEC in 1997, OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs).

Other OTC
A security that is neither listed on NASDAQ or any stock exchange, nor quoted on the OTCBB; bids and offers are not centrally collected

OTCBB is generally considered of a higher grade than other otc.

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