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Thursday, 10/31/2013 10:23:42 AM

Thursday, October 31, 2013 10:23:42 AM

Post# of 963
The most important DD anyone can do on an OTC stock is to see if the company is an SEC Filer that was on the OTCBB but was moved onto the OTC. If the SEC Filer is delinquent in filing Fins to the SEC, not to OTC Markets, then that stock is at high risk to be suspended and summarily revoked for failure to file Fins.

The OTC Markets comprises stocks that do not have stock registrations and are only required to submit unaudited Fins periodically to OTC Markets, and SEC Filers that are likely delinquent in filing to the SEC.

It is imperative to differentiate between SEC Filers and NON-SEC Filers on the OTC.

The linked post shows ~900 stocks that were on the OTC but were SEC Filers that were delinquent. All ~900 stock registrations were revoked.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92264550

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