they were small company not saying they started in the OTC market.
OTC market didn't exist prior to the 1980s and it was call the pinksheets it where bankrupt stocks traded after it declares bankrupt and for shareholders to sell their worhtless stocks and shorts covered. and got delisted from the big board like NYSE or nasdaq. Pinksheets is code for Piece of shit stocks. stocks trade in the pinksheets or OTC don't even have to file any annual reports.