THE OTC PINK SHEETS: Often referred to as "pinks" Wholesale Oakland Raiders Jerseys , These companies are listed by the National Quotation Bureau (NQB). As of today, neither the NASD nor the SEC require Pink Sheet companies to maintain current reporting status nor undertake costly annual audits. However, this is soon changing. (Note, however Wholesale Raiders Jerseys , this is currently changing. Please see http: otcguidecategories.jsp )
THE OTC BB: The OTC Bulletin Board is operated by the National Association of Securities Dealers (NASD) and requires that all companies whose stock is traded on the OTC Bulletin Board (or Nasdaq or Amex) maintain their current reporting status with the Securities and Exchange Commission (SEC), which includes current audited financial statements.
EXCHANGES: While the OTC PINK SHEETS and the OTC Bulletin Board are excellent stock markets, some clients are interested in trading on one of the more mature U.S. stock markets - Nasdaq Small-Cap, Nasdaq NMS Cheap Oakland Raiders Jerseys , NYSE or AMEX. There are varying levels of qualification for each exchange including asset levels, number of shareholders, required Board level committees, and market capitalization. All exchanges require the company to maintain a current reporting status with the Securities and Exchange Commission (SEC) Cheap Raiders Jerseys , which includes current audited financial statements Typically, a company wishing to trade on one of these exchanges will need a minimum of $20 - 100 million in annual revenue and net profits of at least $2 million annually.
For a US company a quotation on the US stock markets is a way to:
1)Leverage a larger retention of ownership;
2)Grow your company faster and make it more powerful by attracting top personnel without necessarily huge cash outlays;
3)Grow your company faster and make it more powerful by attracting top notch team members to your board of directors;
4)Raise money faster and cheaper by increasing the "liquidity" factor for your investors;