GREY:TBPMQ - Post by User
Comment by
Edcandoon Feb 14, 2023 7:22pm
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Post# 35286375
RE:RE:US Delisted and moved to the pink sheet trading platform !
RE:RE:US Delisted and moved to the pink sheet trading platform !Well the biggest reason a company will move down to pinks is because it's free to list (or very little) while being on QB tier costs at least $15,000 USD/year. I didn't really follow much anymore but I'd imagine there was very little to no volume on OTCQB to justify the expense for a pre revenue bio company . To the poster who said it's so Guy can move money around lol. While yes there is less disclosure needed on pinks Vs QB, they still have all the same disclosure rules and fraud laws in Canada /Canadian listing. So funny, there's enough real reasons to bash a company there's no reason to just make stuff up