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Re: space1230 post# 20086

Tuesday, 05/01/2012 5:39:28 PM

Tuesday, May 01, 2012 5:39:28 PM

Post# of 22918
Caveat Emptor and Grey Market are 2 separate designations that PIPI has the honor to wear. I didn't make them up, or confuse their relevance, as your IR seems to have with the OTC tiers. Wear them with pride!


Grey Market
There are no market makers in this security. It is not listed, traded or quoted on any U.S. stock exchange or the OTC Markets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.



Caveat Emptor
Buyer Beware. There is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions. During the time it is labeled Caveat Emptor, any stock that is not in the Current Information category will also have its quotes blocked on www.otcmarkets.com.

Of course this post is my opinion. Every post by anyone is an opinion. I'm not writing a white paper on scams… in this post, anyway...