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Replies to post #5454 on Eastgate Biotech Corp (fka ETBI)
THall
05/25/17 7:48 PM
#5455 RE: sharky #5454
The Form T seen on OTC stocks is a "Mark Down" report from the broker dealer who is selling a large Block Position for their customer. It is an averaged price from all the sales made during the day to retail and then a Block Position fee is taken out. Because the buying leg is a different price from what the broker dealer sold to the market it is required to report this difference in separate Consolidated Tape transaction.