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Posted On: 08/15/2018 3:26:38 AM
Post# of 9144
in 2014/2015 depending on a companies fiscal yr, otcmarkets added a "surcharge" of 10k to be on the OTCQB, vs the 4200/yr charged for news and disclosure service to be pink current
otc, as a for profit company earning fees from the otc disclosure service,while wanting co's to increase transparency (which conflict again feeds its bottom line),by its conflict of interest in raising fees caused many former OTCQB co's to descend to the pink marketplace to save money, since over 90% of startups fail,increasing confusion bc many sec reporting co's were then pink current rather than otcqb
so NNLX is in good company when it comes to saving fees, though when they have the money to do so urgrading or uplisting will have a positive cost benefit by greatly increasing exposure /investment pool/trading volume and thus pps
this doesnt include gray stocks
from otcmarkets newsletter
Monthly Trade Summary - July 2018
Market Designations Number of Securities* Monthly $ Vol Monthly $ Vol/ Security YTD $ Volume*
OTCQX 400 $3,662,972,897 $9,157,432 $36,481,764,365
OTCQB 983 $1,053,051,347 $1,071,262 $14,579,832,329
Pink 9,101 $19,710,216,974 $2,165,719 $161,416,837,937
Total 10,484 $24,426,241,220 $2,329,858 $212,478,434,632
*Data as of July 31, 2018
otc, as a for profit company earning fees from the otc disclosure service,while wanting co's to increase transparency (which conflict again feeds its bottom line),by its conflict of interest in raising fees caused many former OTCQB co's to descend to the pink marketplace to save money, since over 90% of startups fail,increasing confusion bc many sec reporting co's were then pink current rather than otcqb
so NNLX is in good company when it comes to saving fees, though when they have the money to do so urgrading or uplisting will have a positive cost benefit by greatly increasing exposure /investment pool/trading volume and thus pps
this doesnt include gray stocks
from otcmarkets newsletter
Monthly Trade Summary - July 2018
Market Designations Number of Securities* Monthly $ Vol Monthly $ Vol/ Security YTD $ Volume*
OTCQX 400 $3,662,972,897 $9,157,432 $36,481,764,365
OTCQB 983 $1,053,051,347 $1,071,262 $14,579,832,329
Pink 9,101 $19,710,216,974 $2,165,719 $161,416,837,937
Total 10,484 $24,426,241,220 $2,329,858 $212,478,434,632
*Data as of July 31, 2018
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