I realize the OTCBB, though better than the pinks, is not much better. But if we can get some audited financials, the OTCQX would be a big step up IMO. Thoughts? For those who are unfamiliar, OTCQX is the best-of-the-best of the OTC.
"OTCQX is a premium market tier offered by Pink OTC Markets that aims to raise the visibility of OTC-traded companies that, although not traded on a stock exchange, have operating businesses and provide substantial disclosure to the marketplace. The Pink Sheets has provided online stock tracking for many companies in its long history of online stock trading. . Similar to companies quoted on the Pink Sheets, OTCQX companies are not required to be fully SEC reporting companies (i.e. current with all SEC filings). Despite this, OTCQX companies must provide audited financials and certain disclosures to Pink OTC Markets. OTCQX has two subcategories, PremierQX, the highest tier, and PrimeQX for companies that are too small for PremierQX, but otherwise meet the reporting requirements. The two categories are further differentiated into International and Domestic (US) companies."
"The OTCQX marketplace is the premier tier of the U.S. over-the-counter market.
Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange. Who Should List on OTCQX Many U.S. companies list on OTCQX as the final step toward a NASDAQ or NYSE listing. Others enjoy the efficient compliance-driven model it offers their shareholders outside of a traditional exchange listing which may come with considerable cost savings. For companies moving off an exchange, OTCQX is the ideal home that provides most of the services they and their shareholders have come to expect on a listed market. Why Investors Prefer OTCQX Investors prefer the quality controlled listing process on OTCQX which identifies the segment of OTC-traded companies focused on valuation and transparency. Companies that list on OTCQX demonstrate their commitment to providing superior information to shareholders and maintaining the highest quality standards. OTCQX is fully electronic and gives investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE security and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers. In addition, Real-Time Level 2 Quote Display (full quote montage) is available free to the investing public. Services to Issuers OTCQX provides services to companies which enable them to stay informed about their trading activities, while OTCQX shareholders and investors benefit from transparent trading and easy access to company information. OTCQX includes: - OTCIQ - Market Intelligence for Investor Relations officers. Providing real-time quote and trade data as well as historical trading data - Weekly Market Report summary of your security's trading activity, which can be conveniently distributed to your board, management team, and shareholders - Access to the OTCQX Market Center in New York City to conduct investor meetings and conferences - Blue Sky Monitoring Service so brokers can discuss and recommend your company's stock to their clients - Market Services Specialist that is available to answer your calls and assist you with any questions you may have on your security's trading performance and market makers - Ability to display real-time level 2 quotes on your investor relations website"
I have much more information on the OTCQX from a book I have entitiled, "The Little Black Book of Microcap Investing" by Dan Holtzclaw if anyone is interested.
News 
Market Data 
Discover 
AI
