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  • chinarallpigsaccountedfor chinarallpigsaccountedfor Dec 12, 2012 5:33 PM Flag

    application delay

    What's the value of becoming a reporting company and being traded on the Bulletin Board vs. trading on the Pink Sheets?

    When you are a reporting company and file with SEC, information about your company is made available to the public. Having a means to get information about your business, helps the public evaluate whether or not they want to buy your stock. Because people can look-up your company's information on their own, rather than relying on a market maker to approach them, the market for your stock is broadened. Also, some people and businesses won't buy pink sheet stocks, for example, banks and insurance companies.