By VentureVest | April 07, 2011 at 06:59 PM EDT | No Comments
So what is up with the Bulletin Board???
As we deal daily with market makers and more particularly, small business owners, we get an earful of concerns, complaints and confusion over the way the OTCBB is dropping fully reporting companies. (See more about this at:
The relatively new OTC Markets owned OCTQB is rapidly becoming the trading market of choice for mid-line reporting companies by those in the know.
The problem is that OTC Markets also continues to own and operate the well know Pink Sheets Market. Therefore the BB, when they de-list a company, erroneously indicate it as a "Pink" and add a .pk to the symbol, giving investors the wrong impression. An OTCQB company is still fully reporting and trading on the higher market tier than Pink Sheets.
In fact, the buzz is that the OTCBB is "dead" and for many it is "good riddance"
For more about the OTC QB and the other OTC Market's, see their own white paper: