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[posting]33194594[/posting]WOW, nach nur 23 Minuten kam das Antwortschreiben von Marc Cernovitch von Halo Res!!!


You are correct about pink sheets being a "bad market".

I think that you might be confusing the "pink sheets" and the "OTC-BB"
though. Both have not so good reputations but there is a major difference,
and very often people confuse the two. Both are "market maker" markets
which is why you can not trade them online and need to phone market makers.

Pink Sheets - Is the worst of the worst in terms of exchanges and as you
said companies with management of white collar gangsters and liars tend to
list there. The reason why they chose to list on the pink sheets, is that
there is no financial reporting required! Companies do not need to file
financial statements with the SEC or any other regulatory body. This is a
completely unregulated market and is often abused. I would strongly
recommend you never make an investment in a company that is only listed on
the pink sheets - I certainly never would!

OTC-BB - which is where Halo is listed is a fully reporting exchange under
the SEC regulatory umbrella... Companies listed on this market must file
(more or less) the same documents as companies listed on NASDAQ or NYSE.

That being said Halo does not derive much benefit from being listed there
and it is expensive so we are in the process of delisting.

Hope this helps.

Let me know if you have any other questions.

Thanks,

Marc
 
aus der Diskussion: Was ist da bei Nordnet los?
Autor (Datum des Eintrages): newsmaker-wo  (28.01.08 21:03:05)
Beitrag: 140 von 211 (ID:33194861)
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