here, spin this bolded part.. now who is it exactly that launched the new OTCQB? ETNL is on a new tier of the Pink OTC Markets, WHY do you think ETNL's symbol is designated with a .PK? can it get much clearer than that? they were booted off the OTCBB and are now back to the OTC Pink sheet market just in a higher tier than the basic "Pink".. once again, this stuff can't be made up..
"The OTC equities market in the U.S. has seen rapid changes over the past few years that have made OTC trading more transparent and efficient. Pink OTC Markets Inc. has been the leader in using technology to bring positive changes to the OTC market for the benefit of investors as well as broker-dealers and OTC-traded companies. Pink OTC Markets’ electronic interdealer quotation and trading system has become the leading platform in the U.S. OTC market and many market makers are now exclusively using Pink OTC Markets’ platform to quote and trade OTC securities – regardless of their SEC reporting status.
With over 80% of all market maker quotes in OTC securities published on Pink OTC Markets’ platform vs. 20% on the OTCBB, it is important that Pink OTC Markets provide a separate designation to identify OTC-traded companies that are U.S. registered and reporting. Pink OTC Markets has launched a new tier – OTCQB – to help investors easily identify SEC reporting companies and regulated banks that are current with their disclosure obligations."
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