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Re: tommy 9 fingers post# 562

Wednesday, 03/23/2011 11:32:01 AM

Wednesday, March 23, 2011 11:32:01 AM

Post# of 2281
Nasdaq operates OTCBB.......that's what I take the rule to mean.

From OTCBB

What is the difference between OTC, other-OTC and OTC Bulletin Board (OTCBB)? And where do the Pink Sheets fit in?

An over-the-counter (OTC) security is generally considered to be any equity security that is not listed on NASDAQ, NYSE or Amex. The OTCBB and the Pink Sheets are both quotation services for OTC securities. NASDAQ operates the OTCBB service and permits FINRA members to quote any OTC security that is current in certain required regulatory filings (see Listing Requirements). The Pink Sheets is a privately owned company that permits FINRA members to quote any OTC security and does not maintain regulatory filing requirements. An OTC security can be dually quoted on both the OTCBB and the Pink Sheets. As well, there are many OTC securities that are not quoted on either the OTCBB or the Pink Sheets; however, they have trading symbols assigned to them so FINRA members can comply with trade reporting obligations and report transactions in these securities. These securities are sometimes said to be on the "gray market".
Other-OTC/NBB. Any OTC security that is not quoted on the OTCBB but is eligible for trade reporting to the Trade Reporting Facility, is categorized as "other-OTC" or non-Bulletin Board (NBB). You will see both of these terms throughout the OTCBB.com website. This includes, but is not limited to, securities quoted on the Pink Sheets. Because other-OTC securities are not quoted on the OTCBB, you will not be able to access quotes on these stocks through the OTCBB.com website, the NASDAQ Workstation, or any other NASDAQ product. If they are quoted on the Pink Sheets, you may be able to obtain quotes for other-OTC securities on the Pink Sheets website at www.pinksheets.com.

The fact that VSPC and VGREF are CURRENT, they would qualify under Nasdaq rules, imho.

The MOU with DP was filed. The MOU with RuBa was PR'd after the March 15th rule chang(e).

Your issue with the directors is not something I have looked at.




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