InvestorsHub Logo
Followers 0
Posts 941
Boards Moderated 0
Alias Born 04/26/2004

Re: None

Tuesday, 05/03/2005 10:05:01 AM

Tuesday, May 03, 2005 10:05:01 AM

Post# of 341724
Pink Sheets CEO Calls for Reform in OTC Stock Market

By Mark Faulk, The Faulking Truth
April 2, 2005

"I am writing to alert you of a very important rule change that is
needed to improve the marketplace in your company's stock. I need your
help
to make regulators turn on the lights and protect investors from the
menace
of hidden short selling in the OTC market.

And I hope that, after reading this letter, you will take the time
today
-- or as soon as you can -- to contact the SEC and voice your support
for
this needed rule change."

So begins an open letter from R. Cromwell Coulson, Chairman and CEO
of
the Pink Sheets, to OTC companies and shareholders, in which he joins
the
fight against corruption in the stock market by calling for OTC
companies
and their shareholders to petition the SEC and NASD to change short
selling
disclosure rules to include OTC and pink sheet stocks. He has asked
companies and investors to send an email or letter to the SEC and NASD
and
"voice your support to the SEC for the Pink Sheets' Request for
Rulemaking
Regarding Member Records of 'Short' Positions and Reporting and Public
Dissemination."

In the letter, which was issued today, Coulson says, "As Chairman &
CEO
of the Pink Sheets, I know perhaps better than anyone the importance of
improving the Pink Sheets and OTCBB trading. And I know the devastating
impact that small companies face when their market is tarnished by the
threat of manipulation.

You can read the rest of this article at:
http://www.faulkingtruth.com/Articles/Investing101/1025.html

To add your name to our "Stockgate Activist" list, email us at
info@faulkingtruth.com

"Few will have the greatness to bend history itself; but each of us can
work
to change a small portion of events, and in the total; of all those
acts
will be written the history of this generation." - Robert F. Kennedy



Mark Faulk
info@FaulkingTruth.com
www.FaulkingTruth.com