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Replies to post #132695 on TheDirectory.com, Inc. (SEEK)
Milesblue42
03/24/15 3:07 PM
#132698 RE: ed7777777 #132695
SEEK is a pink sheet! Listing Requirements, Pink sheets-listed companies have no requirement to be listed. All a company needs to do to get listed on the pink sheets is submit a form, entitled Form 211, with the OTC Compliance Unit. Usually this is done on behalf of a company by a market maker. The form must have current financial information. The more willing a company is to show its books, the easier it is for a broker-dealer to quote a price for that company. Some companies will make it easier and others will not - they are under no obligation to do so, and because of this, transparency is not comparable to financials for exchange-listed companies. http://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp