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mtlebomac

03/02/17 8:17 PM

#64081 RE: Farmer7 #64055

Hey GreekGal72,

OWCP is OTCQB, not pink sheet stock.

OTCQB® - The middle marketplace is referred to as the Venture Stage Marketplace. Companies that trade on this marketplace file reports with the SEC or other U.S. regulator on a regular basis. However, there are no financial requirements for listing. Over 3,000 companies trade on this marketplace


OTC Pink® – Most companies from the old Pink Sheets® landed in this marketplace. This is referred to as the Open Marketplace, and there are no filing or financial requirements for companies that trade here. Companies may file reports to the SEC or other agency at their choosing. OTC Pink securities are further categorized into three segments:

1. OTC Pink Current Information – All companies that furnish ongoing quarterly and annual audited financial reports to OTC Markets Group’s OTC Disclosure & News Service fall into this marketplace. This can include shell or development stage companies with little or no operations.
2. OTC Pink Limited Information – Companies that have filed a quarterly or annual report within the past six months via the OTC Disclosure & News Service fall into this marketplace. Those that fall into this category are often experiencing financial problems or insolvency.
3. OTC Pink No Information – This is for companies that have not submitted information of any kind to OTC Markets Group or the regulatory agencies within the past six months. OTC Markets Group also classifies some companies as “Caveat Emptor” and includes a skull and crossbones icon next to the company’s ticker symbol. Caveat Emptor companies often engage in questionable business practices and shady dealings, and are generally considered to be the riskiest segment of the entire stock market.

Read more: OTCBB and OTC Markets Group | Investopedia http://www.investopedia.com/articles/investing/070513/otcbb-and-otc-markets-group.asp#ixzz4aDmnvb7O
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