I would say it is Best to Go w/ what the SEC deems
Post# of 14350
I would say it is Best to Go w/ what the SEC deems the 'Better' place to be......which is the OTC BB ... 4 Now
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All three tiers of the OTC Link are considered “ Pink Sheets ” by the SEC staff. The OTC Link is not considered a market
and therefore: (1) there can be no at-the-market pricing of securities registered for re-sale by an Issuer on behalf of its selling shareholders; and (2) there can be no equity lines or similar financing transactions and no registration of underlying convertible equities which are priced based on a formula tied to the trading price (usually a discount to market), for OTC Link quoted securities.
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The SEC’s opinion is that since FINRA controls the OTC BB and FINRA is a registered SRO, there is a level of regulatory involvement that might not exist on the OTC Link.
The second reason proffered was that the OTC BB is a more established market and therefore there is a higher assumption of market integrity .
http://investorshangout.com/post/view?id=145161
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