InvestorsHub Logo
icon url

bucks2pennies

06/28/21 8:51 PM

#13932 RE: Werbe #13931

My understanding is that there are trading tiers in OTC Pennyland. I believe that the CEO misstated saying 'higher exchange'.

The OTCQX is the top tier of the three marketplaces for the over-the-counter (OTC) trading of stocks. The OTCQX is provided and operated by the OTC Markets Group. Stocks that trade on this forum must meet more stringent qualification criteria compared to the other tiers, which are the OTCQB/OTCBB and the Pink Sheets.
icon url

Marsanch1

06/28/21 9:18 PM

#13934 RE: Werbe #13931

That's great. But let's get real here. A company that is coming out of "delinquent" status aspiring to be in NASDAQ?

They haven't even cleaned up the mess for the past two years yet. For now, they need to focus on improving the sales, reduce the AS and payoff all of the toxic financing.

Then shoot for the sky (NASDAQ). One thing to keep in mind. Upon implementation of a Reverse Split, the 12 Billion Authorize Shares remains. Just imagine RTON dumping billions of shares at high prices. They will be so rich, they don't need to be profitable anymore.