The Marketplaces OTC Markets Group organizes securities into the [[color=red]b]OTCQX®, OTCQB® and OTC Pink® tiered marketplaces.[/color] The marketplace on which a company trades reflects the integrity of its operations, its level of disclosure, and its degree of investor engagement.
Plus.. Companies that trade on the OTCQB Markets will roll out the new procedures for OTCQB over the course of a year. Each company will be required to comply with the new OTCQB procedures 120 days after its Fiscal Year End (“FYE”). Companies that do not comply with the new procedures within the required timeframe will be downgraded to OTC Pink. Companies with a March 31 FYE will be the first group of current OTCQB companies subject to the new requirements and will be required to comply with the new OTCQB standards by July 31, 2014. The rollout will be complete when the last group of current OTCQB companies with a FYE of March 30 are required to comply on July 30, 2015. During 2014, companies may choose to apply to OTCQB prior to their required compliance date to take advantage of discounted pricing.
............. I epect this to reverse like EMJI did yesterday. They took it down to .0011 before reversing to .004. GLTA
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