Am I wrong to think maybe otc isn't a market that
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Quote:http://www.marketwired.com/press-release/what...126308.htm
The Rewards of Uplisting Are Well Worth the Effort
Once a company does manage to prove itself and satisfy uplisting requirements, the benefits are both impactful and immediate. The biggest benefit is increased visibility. Whereas a lower listing confined a company to simple over the counter exchanges between individuals, a bigger listing gives a company access to the larger institutional investors. These institutional investors can start to accumulate positions adding more credibility and liquidity, as well as, potentially, share appreciation.
Newly uplisted companies also benefit from higher trading volumes (greater liquidity). Studies from large exchanges, such as the NASDAQ, confirm that, after uplisting, companies tend to see 3-month average daily volume increase of a 132%.
In the early periods after uplisting, a company usually gets intense coverage from top analysts, thereby making the company's stock more attractive to investors. In the end, uplisting is one of the many tools a company can utilize to help create long-term shareholder value for a company with a solid management business plan.