Replies to post #47300 on Remote Dynamics Inc (RMTD)

[OlinSain]

Right now it doesn't but if this ticker goes to the Expert Market and a company gets current the OTC Groups can create a Bid/Ask for the public and allow trading again.

[Ed the Trader]

"The bid /ask doesn't come from OTC Markets."

Marketmakers provide the bid and ask.

However, under the new rules, OTC Markets effectively can act like a SUPERmarketmaker. OTC Markets apparently now has the authority to bless a security the same way that FINRA can bless a security through the Form 211 process. Then, to jumpstart the blessed security, OTC Markets takes the role as the initial marketmaker to provide the bid and ask to get the security's shares trading again. Once that happens, I guess the plan is that normal marketmakers will jump on the bandwagon and take over with providing the bid and ask.