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jaymo18

03/04/10 9:10 AM

#6881 RE: Dragynn #6880

The OTC Bulletin Board or OTCBB is an electronic quotation system in the United States that displays real-time quotes, last-sale prices, and volume information for many over-the-counter (OTC) equity securities that are not listed on the NASDAQ stock exchange or a national securities exchange. Broker-dealers who subscribe to the system can use the OTCBB to look up prices or enter quotes for OTC securities.

Although the NASD oversees the OTCBB, the OTCBB is not part of the NASDAQ stock exchange. According to the SEC, "fraudsters often claim or imply that an OTCBB company is a Nasdaq company to mislead investors into thinking that the company is bigger than it is."

pennypalooza

03/04/10 9:37 AM

#6886 RE: Dragynn #6880

All i see on LV 2 is DLNY 5000 bid at .06 and ask .08

downsideup

03/04/10 4:46 PM

#6925 RE: Dragynn #6880

The theoretical benefit of larger market exposure is enhanced liquidity... but, of course, liquidity works both ways...

What it means is they think access to a bigger market will allow them to sell more stock to more people... period. Those here, of course, will GUESS they intended that to mean having the price go up with larger demand... rather than have it go down with an acceleration in their effort in dilution... ???

What IS the dilution risk... and why do you think anyone will ignore that as a factor in valuation, only because they think there is more ability to sell more shares now ?

I don't find it hard to understand that they'd like to sell as many shares as possible to as many people as possible... before the wheels come off... without that altering my perception of the "value" of the effort they are making one iota... ???

What is the debt ? When is it due ? How will they pay it ?