Replies to post #13236 on Calmare Therapeutics Inc (fka CTTC)

[andy55q]

Problem is that they were a real Company when I purchased this stock.
If I knew they were going to morph into a scam pink sheet I would have not purchased.
PS: How many shares do you own??

[andy55q]

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.

Read more: The Over-The-Counter Market: An Introduction To Pink Sheets http://www.investopedia.com/articles/fundamental-analysis/08/pink-sheets-ottcb.asp#ixzz3q3FXgMNk
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[Vaffan-Coulo]

"Just in case anyone cares..."???

OH, look! I only just noticed that "OTCPK" next to CTTC! When did that happen? Last time I looked it was "OTCBB" or some such! So it finally did make down to the bottom of the barrel!

But that changes something else too, doesn't it? What was it? Darn! Can't remember right now exactly! Something about difficulty finding market makers for pink sheet stocks! Something about them having to guarantee something or sign their name to something but nobody would because of the legal blah, blah, blah???? Shoot! Well, I'll find it somewhere.