What I was pointing out is this company falls under micro cap meaning values under 50mill.
He doesn’t have to file the forms unless he wants too. Look back when buyback was announced. What was market cap then? Anyone remember?
Something tells me he had to report things. What market are we currently on? OTC Pink. What has to be reported NOTHING!
That is my point.
OTCQB - includes the securities of companies that are current in their reporting to the SEC or a U.S. bank, thrift or insurance regulator;
OTCQX - reserved for the securities of companies that are current in their reporting to the SEC or a U.S. bank, thrift or insurance regulator, or, in the case of companies that are not required to report to the SEC, meet and remain current in their reporting obligations to OTC Link under its proprietary Alternative Reporting Standard; meet certain eligibility requirements; have audited financial statements; and partner with a third-party securities attorney or investment bank that reviews disclosure and acts as a professional advisor; and
OTC Pink - an open marketplace for a broad spectrum of equity securities, with no financial standards or reporting requirements.
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