Replies to post #14103 on CYIOS Corporation (CYIO)

[Xeroe]

Good morning Axle & Readers...

Some very odd notions in your post.

OTC Markets is the SEC registered ATS on which virtually all US OTC securities trading occurs.

OTC Markets is the qualifying entity that sets and enforces the various reporting standards required for market listing. OTC companies are required to file disclosures with OTC Markets to even be traded on the ATS.

In fact, OTC Markets is the ultimate and definitive original source for data related to OTC traded stocks.

Now, at the risk of doxxing myself a little bit, I'll tell you that data aggregation, appendation, hygiene, warehousing, etc. for ultimate use in publication, decisioning and marketing is an area where I have well over 10,000 hours of experience. So let me enlighten you with a little expert industry insider information...

When you are running a data aggregation service such as Bloomberg, Marketwatch, etc. and you are presenting it to the public as fact, and/or charging customers to license that data - as these organizations do - it is YOUR responsibility to ensure that your data product is accurate and up-to-date. Entire teams within these organizations are dedicated to doing exactly that. To charge money for bad data is an ugly business.

So why are these groups NOT using OTC Markets data as their ultimate source of info on OTC data?

Either 1) they're really bad at their job and their product is actually garbage

OR 2) the users of their product are not investing in OTC tickers & thus they do not HAVE to keep accurate OTC data.

I don't think Bloomberg is bad at their job, and so logically the answer is #2.

Most serious OTC investors do not use Bloomberg, WSJ, etc... to do primary due diligence & research on OTC stocks.

As for the "news source" you reference in the other post... I just can't take seriously any pieces published on a PAID WORDPRESS BLOG using a free theme (LOL!) https://wordpress.org/themes/wp-fanzone/.



I especially would not take serious a "news source" that is so out of touch that they would not use OTC Markets (the definitive original source for data related to OTC traded stocks) in one of their "hard hitting" top news pieces.

So... with all of that investor education aside, the summary is:

1) OTCMarkets is the ultimate source
2) Bloomberg, WSJ, etc. do not cater to OTC investors
3) Top News Guide is definitely not a top news guide & no one should care what they publish. Suggesting they have even minimal reach & influence is intellectually dishonest at best.

[Xeroe]

A very simple test I let soak for a few hours...

This seems to indicate that yes, in fact, the majority of OTC traders do go to OTC Markets first when researching an OTC ticker.

Very important to note that the "golden choice" bloomberg did not get a single vote.



https://twitter.com/XeroeKC/status/1520783360595054600

[HulkInvestment]

The argument is invalid... Like I stated, and Xeroe's test showed - OTC Markets is the go-to source for anything related to OTC stocks, a far second would be yahoo. Both of those outlets have updated information. Bloomberg is not considered the golden choice for data collection amongst the OTC.

As for your post 14081 you used a news source that lacks the ability to present accurate information. I would be skeptical of the news source not the company. If a news source used any other data collection other, then OTC markets for an OTC stock, they shouldn't be trusted, imo.
This is not a reason why they are struggling. Invalid argument.

What is "OJT stock" or an "OJT news source"?