How can an OTC-traded company benefit from followi
Post# of 6596
Posted On: 04/11/2013 2:45:16 PM
How can an OTC-traded company benefit from following the Alternative Reporting Standard?
- A company that follows the Alternative Reporting Standard is providing vital material information to the market through the OTC Disclosure and News Service . A company's level of public disclosure determines the company's classification in the OTC Pink Disclosure Tiers, symbolized by the Disclosure Tier icon on that company's profile page on otcmarkets.com.
- A company that follows the Alternative Reporting Standard is demonstrating their desire to make full disclosure available to their investors and the marketplace in general. This sort of company is showing the level of commitment they have to their investors by making material information publicly available.
- A company that follows the Alternative Reporting Standard is demonstrating compliance with Federal and State securities laws.
- A company that follows the Alternative Reporting Standard is helping to protect affiliates by making material information publicly available to all investors, so as to decrease the risk of violating SEC Rules 10b-5 and 10b5-1 of the Securities and Exchange Act of 1934.
(0)
(0)