1manband Member Level Sunday, 05/01/16 02:10:49
Post# of 15187
Posted On: 05/05/2016 12:15:03 PM
1manband Member Level Sunday, 05/01/16 02:10:49 AM
Re: stock talk post# 40575
Post #
40576
of 40610 Go
Quote:
I believe OTCQB and OTCQX has there own minimum share price requirements also
Which are meaningless, as they are invented by a stock promotion company. OTCMarkets is NOT A REGULATOR. They are a paid promoter. Those "tiers" were invented so OTCMarkets could charge companies for the meaningless tier designation. And most companies that pay for that do so to pump and promote the stock, because it has absolutely no other purpose. The tiers are not recognized by either SEC or FINRA. They are just for show. The minimum stock price is just arbitrary and wasn't approved by any regulator. They could have just as well said the OTCQB was limited to companies with an B in their name. The tiers are invented and are absolutely meaningless.
HJOE will trade exactly the same regardless if they pay for the tier designation or not. OTC all trades exactly the same no matter if they write the check for a tier designation or not.
Re: stock talk post# 40575
Post #
40576
of 40610 Go
Quote:
I believe OTCQB and OTCQX has there own minimum share price requirements also
Which are meaningless, as they are invented by a stock promotion company. OTCMarkets is NOT A REGULATOR. They are a paid promoter. Those "tiers" were invented so OTCMarkets could charge companies for the meaningless tier designation. And most companies that pay for that do so to pump and promote the stock, because it has absolutely no other purpose. The tiers are not recognized by either SEC or FINRA. They are just for show. The minimum stock price is just arbitrary and wasn't approved by any regulator. They could have just as well said the OTCQB was limited to companies with an B in their name. The tiers are invented and are absolutely meaningless.
HJOE will trade exactly the same regardless if they pay for the tier designation or not. OTC all trades exactly the same no matter if they write the check for a tier designation or not.
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