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Wednesday, 04/25/2012 7:40:49 AM

Wednesday, April 25, 2012 7:40:49 AM

Post# of 5258
Maybe today's the day.....


OTC Pink

OTC Pink is a speculative trading marketplace that has no financial standards or reporting requirements. The stock of companies in the OTC Pink tier is not required to be registered with the SEC. Companies in this category are further categorized by the level and timeliness of information they provide to investors and may have current, limited or no public disclosure.


OTC Pink Current Information

"Companies that have submitted information no older than six months" to the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months are rated as having current information. This category includes shell companies or development stage companies with little or no operations as well as companies without audited financial statements.


OTC Pink Limited Information

Companies that are unwilling or unable to meet Pink Sheets' Guidelines for Providing Adequate Current Information but have have submitted some but not all of current information required are rated as having limited information. These are often companies with financial reporting problems, economic distress, or in bankruptcy.


OTC Pink No Information

This tier indicates companies that are unwilling or unable to provide disclosure to the public markets. Companies in this category do not make current information available via Pink Sheets 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. Securities of publicly traded companies that are not willing to provide information to investors are considered highly risky.

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