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Monday, 06/24/2013 11:06:56 AM

Monday, June 24, 2013 11:06:56 AM

Post# of 85247
Though unrelated to this ticker in particular, I thought this would prove interesting to any trading OTCQB, QX and PS issues. It's a blurb from testimony to Congress by the head ot otcmarkets.com. One can only hope it didn't fall on deaf ears.

Cromwell Coulson Testifies Before House Subcommittee: "Reducing Barriers to Capital Formation"

In his testimony on June 12, Mr. Coulson, President and CEO of OTC Markets Group, discussed the value of public trading to small, growing companies and to the U.S. economy and the importance of transparency in trading and company information to creating more efficient marketplaces. He also discussed several of his proposals for reducing barriers to capital formation for small companies: the need for the SEC to act quickly on remaining JOBS Act provisions, the need for a “carefully crafted” tick size pilot program, margin eligibility for all high quality public companies and more transparency of stock promotion activity. He also cautioned the Committee not to “govern by fear” in its approach to market structure and to embrace fragmentation as a sign of diverse choice and competition. Read Mr. Coulson’s full written testimony or watch the archived webcast.

At the very least, do no harm