The company has saved, and still saves, hundreds
Post# of 1033
The company has saved, and still saves, hundreds of thousands of dollars by staying right on the Pink sheets.
It simply boils down to Econ 101 why waste money? Especially when creating (and preserving) shareholder value.
Many of the largest companies in the World are just finally realizing what a complete waste of time and money it is to comply with SOX or other Regs, and this issue has them switching to the Pinksheets.
ORION DHC, Inc is not the only Awesome company who is doing this right now. We are waiting for certain rules changes to take full-effect before making a corporate decision on this matter one way or another.
If the regulatory bodies don't start easing up, as they were obligated to do under the JOBS Act, there will be hundreds more companies switching to the Pinksheet Platform !
Nissan Motor Co., ltd (OTCPK: NSANY) , NESTLE (OTC: NSRGY) , and Dassault Systemes (OTC: DASTY ) , ORION DHC, Inc (OTCPK: OODH)
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http://oriondhc.com/about/corporate-profile/
ORION DHC, Inc. trades publicly on the OTC Pink Trading Platform , also known as “Over The Counter Pink Sheets” with the name “Pink” being the color of paper used in historical transactions on this market.
On this OTC Pink Market platform , many easily recognizable companies trade alongside ORION DHC, Inc. (OTCPK: OODH) including but not limited to: Nissan Motor Co., ltd (OTCPK: NSANY) , NESTLE (OTC: NSRGY) , and Dassault Systemes (OTC: DASTY) ~ [click-able)
ORION DHC, Inc is eligible in New York Depository Trust Company (DTC) to reduce per trade fees for our shareholders and to allow additional firms to trade our stock.
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