Imerjn Inc. (fka IMJN)

[PenSec]

Gary, can you explain the difference between a Venue change and a Tier change. I see the venue change to OTC Link, but I don't see anywhere that it equates to a Tier change (ie. OTCQB to OTC Pink). It is true they are listed today as having a Venue change, but they are not listed as having a Tier change.

Here is the FAQ on Venue change...doesn't sound like a big deal at all. They probably just have to file a paper and they will be back on the FINRA BB again anyway...

"How do OTC Link and the FINRA BB differ?
OTC Markets Group’s OTC Link system and the OTC Bulletin Board are competing inter-dealer quotation systems for OTC securities. OTC Markets Group is a publicly-traded company currently trading on the OTCQX U.S. Premier marketplace. The OTC Bulletin Board is operated by FINRA.

The FINRA BB is only a quotation service and does not offer Issuer Services to its quoted companies. FINRA's BB also does not support electronic trading which is available through OTC Markets Group’s OTC Link system.

The FINRA BB limits quotations to SEC reporting companies while all eligible OTC equity securities may be quoted on OTC Link."