More information on pink sheets flyntrade How
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Posted On: 09/25/2020 2:51:07 PM
More information on pink sheets flyntrade
How Pink Sheets Differ From the OTCBB
The Pink Sheets are different from the OTCBB. Companies on the Pink Sheets are not required to meet minimum requirements or file with the SEC.6 So named because they were actually printed on pink paper, the Pink Sheets started out as a daily quote service provided by the National Quotation Bureau (NQS), which in 2011 changed its name to OTC Markets Group.7
Typically, companies are on the Pink Sheets because they are either too small to be listed on a national exchange or they do not wish to make their budgets and accounting statements public. To avoid having to file with the SEC, some large foreign companies such as Nestle S.A. have penetrated the American securities markets through the Pink Sheets.8
Companies listed on the Pink Sheets are difficult to analyze because it is tough to obtain accurate information about them. The companies on the Pink Sheets are usually penny stocks and are often targets of price manipulation. They should only be purchased with extreme caution and after adequate research.
HCIT
How Pink Sheets Differ From the OTCBB
The Pink Sheets are different from the OTCBB. Companies on the Pink Sheets are not required to meet minimum requirements or file with the SEC.6 So named because they were actually printed on pink paper, the Pink Sheets started out as a daily quote service provided by the National Quotation Bureau (NQS), which in 2011 changed its name to OTC Markets Group.7
Typically, companies are on the Pink Sheets because they are either too small to be listed on a national exchange or they do not wish to make their budgets and accounting statements public. To avoid having to file with the SEC, some large foreign companies such as Nestle S.A. have penetrated the American securities markets through the Pink Sheets.8
Companies listed on the Pink Sheets are difficult to analyze because it is tough to obtain accurate information about them. The companies on the Pink Sheets are usually penny stocks and are often targets of price manipulation. They should only be purchased with extreme caution and after adequate research.
HCIT
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