Upon delisting from NYSE Amex, the Company believes that its common stock will be eligible for quotation on the OTCQB, part of the OTC Market Group, formerly known as Pink Sheets LLC
of Hot Springs said it has met all corporate and financial information requirements and has been recognized as fully reporting by Pink Sheets LLC
The "Dad" (for Designated Advisor for Disclosure) label is a new one created by Pink Sheets LLC
, the over-the-counter, New York-based market, in conjunction with its launch of a new market tier, the OTCQX, which began trading early in March.
The Company's common stock is currently quoted on the over-the-counter market operated by Pink Sheets LLC
Upon delisting from NYSE Amex, the Company believes that its Common Stock will be eligible to trade on the Pink Sheets LLC
(the "Pink Sheets").
In fact, virtually everything about the law is positive except its added costs, says Coulson, president and CEO of Pink Sheets LLC
, the leading provider of pricing and financial information for the U.
Giangrasso served as Managing Director of OTC Markets Group, COO for Pink Sheets LLC
and President of National Quotation Bureau, Inc.
OTCQX: PINK) announced today that the Company has determined that previously issued financial statements as of and for the years ended December 31, 2006 and 2007 for Pink Sheets LLC
, and 2009 for Pink OTC Markets Inc.
Pink Sheets LLC
is a privately owned company headquartered in New York City.
The Company now expects to be quoted on the Pink Sheets, an electronic quotation service maintained by Pink Sheets LLC
, or on the OTC Bulletin Board(R), a regulated quotation service for over-the-counter securities, provided one or more market makers apply to quote the Company's securities.
While the Company's common stock may be quoted over-the-counter on the Pink Sheets LLC
, there can be no assurance that trading in its common stock will continue on the Pink Sheets or otherwise.
Once the Company's common stock has been delisted from NASDAQ, the Company's common stock may be quoted over-the-counter on the Pink Sheets LLC
(the "Pink Sheets") if market makers commit to make a market in the Company's shares.