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spike007

02/10/10 10:43 PM

#4571 RE: thetruth63 #4570

Did some reading on OTC and I am confused is xpgh filing for OTCBB or the other lesser pink sheet variant called OTCQX ? see details below ....... J

OTCQX market tier
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.
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The Cheap Investor

02/11/10 6:04 PM

#4584 RE: thetruth63 #4570

I have just been watching from the sidelines. As you know, I have been a big supporter of Parsons, but at this point in time, I go back to the old adage, "if its too good to be true, then it's time to worry". In the interview, Parsons said, the customer now comes to Global because Global has the only green fuel that reduces the emissions. I remember Rodd, a long time ago, said that Parsons would concentrate on one product until he maximized the full potential of that product. With the EPA regulations, and customers seeking Global's products, why in the heck is he talking about solar and wind when we have not even scratched the surface of the green fuel potential in American business? If what he says is true, and Global simply concentrates on the green fuel, Global has the potential to become a giant in the biofuel industry. When he talks about solar and wind and the electric grid, he sounds like a typical penny stock CEO. I believe it was a plus for the company when he talked about the gentleman from Gen-X working as a consultant for Global because it appears he has influence with the EPA. It would appear, with what we know about Global right now, and the unlimited potential in the future, that with the news we had today, the vast majority of trades were sells and there was very little buying. So just using common sense, I worry when we see the bright future that the majority of investors do not see. I believe it is all good because there is no way Parsons cannot give us the financials on the 24th without losing all credibility. Also in the last few PRs, he has mentioned the company is experiencing robust growth and the trajectory for 2010 is up. I know I am sending mixed signals, but I worry with outstanding news every week, that the PPS has made very little progress. Hopefully that will change after audited financials.