Mlyf still trades on OTC pink market, some important notes.. OTC Pink (aka Pink Open Market)
OTC Pink, named for its early use of pink-colored paper (also called the “Pink Sheets”), is the
most speculative exchange in OTC Market Group, and has no financial standards or reporting requirements.(7) Its companies include a variety of domestic and foreign companies including
penny stocks, distressed companies, shell companies, and dark (de-registered) companies that
do not provide information to investors.
OTC Pink companies (being self-regulatory and highly variable) are further classified based on
the quality, quantity and timeliness of information they provide to investors: current, limited, or
no public disclosure.
• Current Information companies follow the International Reporting Standard or Alternative
Reporting Standard, and make filings publicly available through the OTC disclosure and
news service. They must post quarterly and annual reports. This category may include shell
companies, development stage companies with no operations, and companies without