Pink Sheet Guru

Track Your Favorite Stock

You are here: Home Market Summary Otc Penny Stocks Tiers
Site Index: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

OTC Market Tiers

Home >>   OTC Guide >>    For Investors >>    OTC Market Tiers

OTC Market Tiers

The OTC market is made up of many different types of companies, ranging from OTCQX companies that strive to be worthy of investor consideration to economically distressed companies to speculative shell companies. The below chart explains the different OTC market tiers.

The OTCQX marketplace is the premier tier of the U.S. over-the-counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers.

Identifies securities that are quoted on both Pink Sheets and the OTCBB. While all OTCBB securities must be SEC reporting and current in their reporting obligations there are no operational or management standards the OTCBB also includes development stage and shell companies. More than 96% of all OTCBB securities are dually quoted on Pink Sheets as our Pink Link messaging system allows market makers to electronically trade OTC securities.

This security is quoted solely on the OTC Bulletin Board quotation systems so market makers must use the telephone to make any trades.

Reporting companies that submit filings to regulators with powers of review and that make the filings publicly available or non-reporting companies that make current information publicly available on the Pink Sheets News Service pursuant to Pink OTC Markets Guidelines for Providing Adequate Current InformationPink Sheets Guidelines for Providing Adequate Current Information (pdf). The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors.

Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months.

Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.

There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.

Buyer Beware. There is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions. During the time it is labeled Caveat Emptor, any stock that is not in the Current Information category will also have its quotes blocked on pinksheets.com.

For more information about OTCQX, see www.otcqx.com.

For more information on the Pink Sheets disclosure categories, please see: http://www.pinksheets.com/pink/otcguide/categories.jsp.

For more information about the OTC Bulletin Board, see www.otcbb.com.

 

Stock To Watch

Aura Systems Inc (AUSI)

Aura Systems, Inc. (OTCBB:AUSI) today announced that its Chairman and CEO Mr. Melvin Gagerman has released a letter to stockholders, which is available on the company's website. The letter is also available as an 8-K filing with the SEC by the Company.

Read more...
 
InfoSpi Inc (ISPI)

InfoSpi Inc. (OTC Bulletin Board: ISPI) announced today that following a recent visit to the proposed acquisition company, IBS in Valencia, Spain, that their Due Diligence is advancing satisfactorily.

Read more...
 
Hybred International Inc (HYII)

Hybred International, Inc. (PINKSHEETS: HYII) recently attended Cincinnati Hoof Care Summit for the first time and is pleased to announce that the event was a huge success for the company. Hybred was overwhelmed by the interest in its innovative shock absorbing horseshoe from the attendees of the conference which resulted in the company taking numerous orders from the equine industry professionals.

Read more...
 
Formcap Corp (FRMC)

FORMCAP CORP (FRMC.PK) is an emerging junior in the oil and gas sector. We have recently acquired strategically positioned acreage located in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US.

Read more...
 
Orofino Gold Corp (ORFG)

(OTC: PK. ORFG) Orofino Gold Corp. is an International gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia. The company has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.

Read more...
 

Stock To Watch!

Digg Facebook FeedBurner MySpace Google Reader Twitter External Link
investing
Market
News
stock to watch

Pinksheetguru.com

pink sheet guru offers penny stock investing information on otc stock and micro cap stocks offers free penny stock newsletter on otc penny stock to watch email alerts. members get the latest stock alerts and stock coverage on all penny stocks and free penny stock market news letter.