Replies to post #38509 on Phoenix Associates Land Syndicate (fka PBLSQ)

[gnulnx]

airdale what I'm wondering is

how long will he SEC allow this intentional sidestep of it's rules? I mean if enough companies start moving to the pinksheets then won't the SEC just force those companies to complyl with sarbs-ox as well? I'm curious as to others thoughts on this as well. If OTCQX is successful will the SEC step in and regulte it?

Also I'm not sure we will be able to get a "fair" valuation until we have index funds and mutual funds investing in us...just an opinion tho.

[Renavatio]

Agreed. To me though, it's not how the SEC will view OTCQX that is a concern. It's how the institutional guys will view it. If they don't see "equivalent Edgar Financials" as truly equivalent, all of this might be for naught. Keep in mind that some of the super-brokers/politicians/market gurus etc that "make the market" for the big boards can do whatever they want. NSS is proof of that if you believe it exists. If they decide OTCQX is a joke, bad for business, whatever, they can and will squelch it. And it's those kind of buyers that PBLS needs to see a real pps wether you value the company by book or at a multiple of eps. I play all stocks as if none of these markets are meant to make the little guy money (that would be me). Those days died decades ago if they ever existed at all. We just catch crumbs from the table.

MOSO