Replies to post #217712 on Green Cures and Botanical Distribution Inc (GRCU)

[I-Glow]

That was from 2010 and many things have changed.

Sykes doesn't seem to understand that that OTCBB is not a exchange (also OTCBB doesn't exist any longer) and OTCMarkets is not a regulator. They are a for-profit PR company.

In the article you linked to - Sykes doesn't understand the OTCM as he writes:

Pink OTC is a logical choice for many reasons, but its three-tier system is especially enticing for investors to differentiate the quality of a corporation. The process is along the same lines as being a publicly traded company. Each exchange carries regulations and a hierarchy (i.e. NYSE, NASDAQ, AMEX). The same would run true for the OTCBB. In order to not try and have to re-write every ticker for every OTC listed company, the Bulletin Board exchange would have sub-listings. Presently, Pink OTC’s three tiers are:

• Pink Sheets: for companies that undertake minimal reporting and disclosure
• OTCQB: for registered and SEC reporting companies
• OTCQX: for companies that submit themselves to further scrutiny and meet specific minimum thresholds

Stunning he would make such a obvious mistake.

IG

[TraderPilot]

I'm not saying that 'fluff' doesn't come out of that man's mouth at all... You may be correct in your claims. But that article had nothing to do with shorting OTC stocks. It was about his hypothetical money making plan if he owned the entire OTCBB. Either way, thanks for the article, keep up the research... Just as every one of us needs to do.