Question Regarding to IPO in OTC. PLEASE read the details, it is a short question. thank you very much?
Raguel asks:
i read from the SEC website that, Neither the Pink Sheets nor the OTC Bulletin Board has listing standards, although the SEC requires companies to be current in their filings before their stock can be quoted on the OTCBB.
i read from the SEC website that, Neither the Pink Sheets nor the OTC Bulletin Board has listing standards, although the SEC requires companies to be current in their filings before their stock can be quoted on the OTCBB.
what does the SEC mean by “requires companies to be current in their filings??
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your kidding right?????
Pink sheet garbage and over the crap bb stocks are 99.99% GARBAGE. SEC does not enforce them so they do not file any reports. every year they have to file a full report and each and EVERY quarter they must file a quarterly report miss one and you get in trouble with the SEC miss two and you are out of the exchanges (delisted). These reports shows inverstors where their money is goign and how the company is making money.