InvestorsHub Logo
Followers 171
Posts 20553
Boards Moderated 5
Alias Born 09/06/2010

Re: cable post# 66637

Wednesday, 01/29/2014 1:16:30 PM

Wednesday, January 29, 2014 1:16:30 PM

Post# of 67010
Tier status is meaningless. It was invented by the for-profit OTCMarkets to sell companies their expensive "reporting packages". That is how they make money - it has no regulatory authority whatsoever. Non-reporting pink sheet is non-reporting pink sheet regardless of "tier" and how much they pay OTCMarkets for PR. The more a company pays, the higher the "tier".

CGFI is SEC reporting. As long as they maintain their SEC reporting status, they are automatically much higher in ranking that any "tier" stocks.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.