Thursday, October 20, 2011 9:03:03 AM
Issuers on the OTCQB are analogous to previous OTCBB listed entities. Although the OTCBB technically still exists, it is losing company quotations daily, mainly as market makers choose the full service, one stop shopping of the OTC Markets, to quote the stock of over the counter trading Issuers. OTCQB Issuers are current with their reporting requirements to the SEC pursuant to the Exchange Act of 1934. Market Makers quoting the stock of OTCQB Issuers either have a current 15c2-11 or are relying on the piggy back qualification.
Sorry for the late reply. But Howard must move to the OTCQB and NOT just to the OTCBB!!!!!! A higher tier is better when we go to the NASDAQ or NYSE.
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