Other OTC: Or otherwise known as the "Grey Market" http://www.pinksheets.com/glossary.jsp#otherotc is the trading of a security that is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Other OTC trades are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since Other OTC securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.
Sarkes mkrdichian: how about the ask David Lewis: this is the quote I was provided, I am seeking clarification on the quote. Sarkes mkrdichian: please David Lewis: Bid is .005 Ask is .015