Companies with securities quoted on the OTCBB are subject to periodic reporting of financial information to the SEC. Issuers who file with the SEC via EDGAR are not required to submit hard copy filings with the OTCBB or the NASDAQ. Unlike all other exchanges, stocks trading on the OTC Bulletin Board cannot be shorted.
Is this true? In that nobody can find any way or loophole to short OTC BB stocks?
If true, then SIAF, having successfully filed FORM 10, should be moving well above NTA per share of circa 1.50 once they have uplisted to OTB BB.