Replies to post #28656 on DD Support Board and Research Team

[janice shell]

Wow. A lot of familiar tickers there...

And now we have a ton of stocks on the Grey Market. I wonder how many will file a new Form 211.

[Sharktnk]

Hi Renee,

Can you flesh this out for the uninitiated?

An older article gives some info:

http://seekingalpha.com/instablog/478544-redchip/142980-otcbb-delistings-and-rule-15c2-11-what-happened

UPDATE (2/28/11): From OTCBB.com – FINRATM is updating the comment on the OTCBB Daily List used to indicate an issue is no longer eligible for quotation on the OTCBB due to a lack of quotation activity. The new comment will be “Ineligible for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11”. This replaces the previous comment “Failure to comply with Rule 15c2-11”.

But I'm more curious what may be the rationale behind this is.

[loanranger]

"952 stocks moved from OTCBB to OTC: Ineligible for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11"

Hi Renee,
What is the original source of this? Do you have a link?
Obviously the daily list is there for all to see, but from the initial phrase of your post I'm guessing you saw it somewhere. You're not counting the Daily List changes, are you?

:o)



otcbb.com
Monday July 23, 2012
No Headlines Available

This should qualify, no?