InvestorsHub Logo
Followers 87
Posts 32835
Boards Moderated 1
Alias Born 12/19/2004

Re: None

Sunday, 02/12/2012 1:14:01 PM

Sunday, February 12, 2012 1:14:01 PM

Post# of 35926
MLXO OTC Pink "Tier Change" - good news.

http://www.otcmarkets.com/stock/MLXO/quote

Feb 10, 2012 MLXO Michelex Corp.

"From": OTC Pink No Information
"To": OTC Pink Limited

http://www.otcmarkets.com/marketActivity/otc-tier-changes

OTC Pink Limited Information
Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet OTC Markets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the OTC Disclosure & News Service or have made a filing on the SEC's EDGAR system in the previous six months.

OTC Pink No Information
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via OTC Markets Group's News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.