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quikfix

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quikfix

Re: Schekin post# 3583

Tuesday, 07/02/2013 10:37:46 PM

Tuesday, July 02, 2013 10:37:46 PM

Post# of 4651
It's not a downgrade nor an upgrade. RVPL was a reporting FINRA OTC BB company http://www.otcbb.com that made them an equivalent OTCQB company. The only thing that happened is they switched from getting quotes from OTCBB to OTC Link which is owned by http://www.otcmarkets.com and they remain being a OTCQB quoted company. The main reason is because OTCBB has lost the war to OTCMarkets.com in the over the counter market much like VHS beat Beta and BluRay beat SuperDVD.

Please read this for more info and clarification:

http://www.sec.gov/answers/pink.htm

http://www.tradersmagazine.com/news/finra-scraps-otc-quotation-system-sale-110527-1.html

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