OTCBB - The End? Or The Beginning...

[Stock]

OTCBB Delistings and Rule 15c2-11: UPDATE

February 25, 2011

Overview

FINRA TM is updating the comment on the OTCBB Daily List used to indicate an issue is no longer eligible for quotation on the OTCBB due to a lack of quotation activity. The new comment will be “Ineligible for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11”. This replaces the previous comment “Failure to comply with Rule 15c2-11”.

Contact Information: Contacts for questions: FINRA Operations 866.776.0800 or [e-mail].

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The OTC Bulletin Board (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. OTCBB securities include national, regional, and foreign equity issues, warrants, units, ADRs, and Direct Participation Programs (DPPs).

http://otcbb.com/news/2011/GeneralNews/022511.stm