News Focus
News Focus
icon url

KrakenTaken

06/04/09 10:36 PM

#30209 RE: ArcticFrost #30208

Yea its fine to say that AF lol and yeah this company is his heart and soul so you can bet your ARSE he doesn't plan on spoiling it with lies n fluff like normal pinks, this is his dream, his passion and he is not going to ruin his or his sisters dream by running a pink sheet scam, We truly are lucky to have this man running this fish ;-)
icon url

agapespreader

06/04/09 10:46 PM

#30211 RE: ArcticFrost #30208

Yes, NASDAQ has listing requirements that take a while to meet. PINR can easily go from pink sheets to OTCBB (That's probably the acronymn you read.). OTCBB stands for Over The Counter Bulletin Board. It's the same as pink sheets, except they file quarterly financial statements and audited annual finanical statements. These can take a while to compile, depending on how many statements will need to be compiled for the SEC to consider PINR in compliance in order to uplist to OTCBB. It also takes some money to get accountants to do. It may be difficult for Mark in this case, because he may have to try to create accounting records from the previous owner, which may be next to impossible to compile. But, if PINR is going to uplist, OTCBB would be the next logical step.
icon url

kermit42

06/04/09 11:05 PM

#30218 RE: ArcticFrost #30208

If you are concerned about insider trading, that only refers to buying or selling on information not publicly available. There's nothing wrong with knowing or talking about insider info.

There might be an etiquette issue--if word got out that a big buyer was loading, others would jump in, driving up the price. Cool for us, not so cool for the big buyer who now has to pay more for his shares.

Buyers tend to want to do it quietly. The ones who make a big deal about buying are usually selling, and the "buying" is all talk to try and prop up the price while they sell (such are the games you run into here).