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zen222

12/18/17 4:52 PM

#14834 RE: BLight1911 #14831

ONCX surging ahead reaching one milestone after another.

OTCQB is basically the Big League for stocks trading under a dollar:

The OTCQB is considered by the SEC as an "established public market" for the purpose of determining the public market price when registering securities for resale with the SEC. The Pink Sheets are not and most broker-dealers will not trade or recommend Pink Sheet stocks. Because the OTCQB dramatically increases transparency, reporting standards, management certification, and compliance requirements, the majority of broker-dealers will trade stocks on the OTCQB. Historically this has resulted in greater liquidity and awareness of companies that reach the OTCQB tier. Companies trading on the OTCQB also provides investors with better informed and more efficient trading with Premium Level 2 Quotes via www.otcmarkets.com, a video portal for company presentations, and gain improved dissemination of current/archived news and press releases.

To be listed on the OTCQB, a company has to be fully reporting to the SEC. thus, all information on the company is reported every quarter to the SEC and is posted on EDGAR. In addition, they must register the company with the Securities and Exchange Commission and keep the registration current to remain listed on the OTCQB market. Companies also must provide financial information to the SEC incorporating state's banking or insurance regulator periodically and must comply with SEC regulations and the corporate governance provisions of the Sarbanes-Oxley Act.

The OTCQB has replaced the Financial Industry Regulatory Authority (FINRA)-operated OTC Bulletin Board (OTCBB) as the main market for trading OTC securities that report to a U.S. regulator. All broker-dealers that trade OTCQB securities have to be FINRA members and registered with the SEC. All Companies that trade OTCQB have to be FINRA members and registered with the SEC; they are also subject to state securities regulations.


It's an exciting time to be a shareholder, great things happening.

Looking forward to what's next.