That is as I understood the conference call or the PR; can't remember which. Thus, I think this whole stock cert thing is pointless. Moving to the BBX would have taken out all the naked shorts if the stock has to be re-registered to get on the BBX. Doesn't that start early next year? I have not been paying much attention since NUTK is the only OTCBB stock I own. After April 2000 and especially after the summer of 2001, I have been mostly into mutual funds: stock index (figure it will gradually recover) and Vanguard Long Term Treasuries (safe place to be for now).
The hey dey of the OTCBB of the late '90s is long dead and will not return in our lifetimes. Any new small company that has a solid business plan is probably privately held. Too hard to get listed on the NASDAQ or NYSE and not worth the hassle to go public. IMO, any company now getting newly listed on the OTCBB is probably a short-term scam.
I'll be interested to see how well the BBX fares. From what I've seen, it seems similar to the NASDAQ (who I think owns the BBX), but without the share price requirement
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