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mquattrini

11/06/11 1:39 AM

#36744 RE: qtcal #36741

Hi Qt,

Trading PINKS is definitely a very dark field to say the least. Absolutely no requirements with the SEC at all, unlike the OTCBB where there is a minimum of filing, the PINKS is a completely different ball game.

To even go further from your link as it doesn't show much, I have highlighted this from the wikipedia (http://en.wikipedia.org/wiki/OTC_Bulletin_Board):

"Stock of non-reporting companies (those without current SEC filings) may be quoted in the Pink Sheets. Most OTCBB companies are dually quoted, meaning they are quoted on both the OTCBB and the Pink Sheets.
Stocks traded in OTC markets such as the OTCBB or Pink Sheets are usually thinly traded microcap or penny stocks, and both retail and institutional investors generally avoid them, because of fears that share prices are easily manipulated and there exists a potential for fraud. The SEC issues stern warnings to investors to beware of common fraud and manipulation schemes. As such, most companies choose to list on more established exchanges such as the AMEX, NYSE, or NASDAQ once eligible. FINRA believes that the proposed 'quotation consolidation system' would enhance transparency, thereby decreasing the potential for price manipulation or fraud."


We are all at Roxanna's mercy! Is she a fraud or a true company owner thriving for success of her businesses and their shareholders like we hope she is?

Only future will tell.

But with your post, this should definitely shut up any member on this board always asking for any information from the company as an obligation to them! FORGET IT GUYS! YOU AIN'T GONNA GET ANYTHING!

Just trust Roxanna, stay and hope for the best or sell and leave.

I won't sell as I don't want to pay crazy fees. Even if I could, I am still hoping for something good out of Roxanna's actions in the progress and to come. But I do have my legitimate doubts that are inherent with the PINKS lack of requirements...

Gamble, gamble... If the right number strikes, we are all rich. If not, it has been a very interesting ride.
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pire

11/06/11 5:47 PM

#36757 RE: qtcal #36741

It's not so much about what is required for a pink sheet stock. The issues are with EMXC an Roxanna. These are things that she has said they were going to do and they have not done them.
Filed Financials promised back March 2010
Dividends promised from back in 2003.
Buy Back Info promised from last year. These are the issues that are holding this down. All we seem to get are excuses.

I could give you many pink stocks that actually file their financials and one was even featured on Good Morning America on Oct 6th and has sky rocketed. And actually have womens products that the Kardasians, Mel B, Britanny Spears, Karina Smirnoff have been behind as well. With stores and they compete with Lulemon. Another one has paid shares of their promised IPO. Many of them out there do not dance around like EMXC does.

But the issues still remain, these things have all been promised by ROXANNA and have not been done.