Replies to post #31780 on DD Support Board and Research Team

[BigBake1]

I just did:

Finally, as we also observed in the Proposing Release, technological developments have made it much easier for issuers to disseminate information broadly. Whereas issuers once may have had to rely on analysts to serve as information intermediaries, issuers now can use a variety of methods to communicate directly with the market. In addition to press releases, these methods include, among others, Internet webcasting and teleconferencing. Accordingly, technological limitations no longer provide an excuse for abiding the threats to market integrity that selective disclosure represents.

[janice shell]

would you be kind enough to provide details as to why an OTC company is not required to file an 8K on a material event unless it was PR'ed?

A fully-reporting OTC company has the same filing obligations as exchange-listed companies. The problem is with non-filers. In their case, the rules are less clear.