News Focus
News Focus
icon url

MADDSTACKER

02/12/15 8:34 AM

#33414 RE: RookieStockPicker #33413

Agreed shows company is trying to be on the up and up ....
Also CEO talked about this months ago , nice see him keep his word and get it done , he also wants to see this on the Nasdaq one day ...
icon url

payperview

02/12/15 9:00 AM

#33418 RE: RookieStockPicker #33413

Nowadays some people call that uplisting. Ha, ha, ha. What a joke. It used to be that going from the Pinks to the OTC was nothing more than a tier change. In the old days the OTCBB is where OTCs and Pinks traded, but things have changed, and the meaning of certain terms has also changed.

And look at today's press release. Barry Henthorn is liberally using the term NASDAQ in a way that it will give a false impression.

At the top there is the NYSE and the NASDAQ. Then there are secondary exchanges.

That's very different from the OTC, which has four tiers with multiple sub-tiers. If you want to call the different tiers of the OTC uplisting, that's fine by me. But it really is misleading to make such a claim. Of course, with time, the meaning of words changes. In the days when the OTCBB was king in the lower echelons of trading, they would have laughed at anyone calling this an uplist.