"Simply put, without these requirements in place, you cannot trust the information you receive."
Pink Sheets - Even more risky than the OTCBB, the Pink Sheets is a quotation service, and it does not require companies to register with the SEC or remain current in their periodic filings. The stocks on the Pink Sheets are the most speculative there is.
The main problem with being delisted is the trust factor: people lose their faith in the stock. When a stock trades on the NYSE or Nasdaq, it has an aura of reliability and accuracy in reporting financial statements. When a company's stock is demoted to the OTCBB or Pink Sheets, it loses its reputation. Bulletin Board and Pink Sheet stocks lack the stringent regulation requirements that investors come to expect from NYSE and Nasdaq-traded stocks. Simply put, without these requirements in place, you cannot trust the information you receive.
All posts are In my opinion, and are not meant to harm or defame anyone, please do your own DD.
