|Revolutionizing OTC Markets and Improving Capital Formation.|
|What do Rolls Royce Aerospace, Nestle Chocolate
and Heineken Beer have in common?
They all trade on the Electronic Pink Sheets (also known as “The National Quotation Bureau” (NQB)). The Pink Sheets have been around since 1900. (see a history of
the Pink Sheets below) Many CEO’s are choosing to go public and trade over-the-counter on the “Pink Sheets” because it offers many of the advantages of NASDAQ without the SEC reporting requirements and audited financials.
Due to the increasing popularity and interest in the Pink Sheets this Newsletter “will provide” you with information on the Pink Sheets, including its very long history and important contributions to Wall Street and U.S. Capital Markets.
The Pink Sheets are increasingly becoming an alternative to the OTC Bulletin Board and NASDAQ. Many experts are enthusiastically recommending the Pink Sheets today because it allows a company to have many of the same benefits of a private and a public company.
Recently, we have received many inquiries regarding trading on the Pink Sheets. This is because many companies that want to “Go Public” would like to have
the benefits of having their securities publicly traded without having audited financials and filing periodically
with the Securities and Exchange Commission.
The fact that companies can go public and not have to
deal with Sarbanes Oxley, audited financials and SEC reporting is attractive to many smaller companies wishing to take advantage of the benefits of being a public company.
Any company including a start up or development stage company can “Go Public” and trade on the Pink Sheets because it does not have any requirements pertaining to revenues, earnings, time in business or assets. the OTC Bulletin Board also does not have asset or revenue requirements).
THE PINK SHEETS:
Since that time, the Pink Sheets and the Yellow Sheets have been the central resource for trading information in OTC stocks and bonds.
In September of 1999, Pink Sheets introduced their Electronic Quotation Service, an Internet-based,
Today Pink Sheets provides broker/dealers, issuers and investors with electronic and print information services designed to improve the transparency of the OTC markets. This is assisting in the greater efficiency of these markets, leading to greater liquidity and investor interest
This is why so many well known companies trade on the Pink Sheets such as Nestle, Rolls Royce, Heineken and dozens of smaller banks.