InvestorsHub Logo
icon url

jay1988

09/17/12 9:12 AM

#168462 RE: Whiplash_Investor #168457

its been pink limted
icon url

Whiplash_Investor

09/17/12 9:14 AM

#168466 RE: Whiplash_Investor #168457

According to OTCMarkets.com to be Pink Limited means:

Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available.

The OTC Pink Limited Information® category also includes companies that may not be troubled, but are unwilling to meet OTC Markets Group's Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the OTC Disclosure and News Service or have made required filings on the SEC's EDGAR system in the previous six months.



Pinks aren't required to file with SEC, just with OTC, so I'm confused. Fins were filed in Aug.

I don't even see why it's not just Pink...perhaps just not updated yet. Or maybe some of the info on the website is not updated yet, like the float...not sure what the requirements are without some research.