Historically, companies trading on the OTCBB were
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Posted On: 05/13/2018 7:00:32 PM
Re: Old & Wise #40154
Historically, companies trading on the OTCBB were not required to file regular financial statements with regulators. This removed a cumbersome ritual for small, closely held public companies that didn't care if their shares were actively traded. However, the Nasdaq adopted rules requiring filing for all companies trading in this market.
http://www.pennystocks.org/halts-and-delistings.php
http://www.pennystocks.org/halts-and-delistings.php
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