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flyboy9

04/29/10 7:19 PM

#38299 RE: EarnestDD #38295

Pink vs. otcbb........

http://www.goingpublicinformation.com/Stock_Markets_and_Investor_Relations.htm

In short.....there is nothing to report for a non-reporting pink sheet company for buys.


What is the primary difference?

Pink Sheets and the OTCBB are competing quotation services for OTC securities. Pink Sheets is a privately owned company, while NASDAQ operates the OTCBB.

The primary difference between the two is that to be quoted on the OTCBB, a company must be required to file reports with the SEC under the 1934 “Filing Reports” Act and that are current in their reports filed with the SEC. Pink Sheet companies do not have to be SEC reporting companies, although some are.



SEC rule 144 specifically states the requirements for selling pink sheets by insiders. There is no such rule for buying pink sheets by insiders.