The OTC Bulletin Board® (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on Nasdaq® or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs).
 
What Investors Should Know

The OTCBB is a quotation medium for subscribing members, not an issuer listing service, and should not be confused with The Nasdaq Stock Market.

There are no minimum quantitative standards which must be met by an issuer for its securities to be quoted on the OTCBB; however, the new Eligibility Rule limits quotations on the OTCBB to the securities of issuers that are current in their reports filed with the SEC or other regulatory authority.

Issuers do not have any filing or reporting requirements with The Nasdaq Stock Market, Inc., or the NASD. Market Makers will be required to provide the periodic financial reports filed by OTCBB issuers with the SEC or other regulatory authorities pursuant to the Eligibility Rule.

Nasdaq has no business relationship with the issuers of securities quoted on the OTCBB. Investors must contact a broker/dealer to trade OTCBB securities.

Investors do not have direct access to the OTCBB service. The Securities and Exchange Commission's (SEC's) Order-Handling Rules which apply to Nasdaq-listed securities do not apply to OTCBB securities.
 
The Securities and Exchange Commission's (SEC's) Order-Handling Rules which apply to Nasdaq-listed securities do not apply to OTCBB securities.

Comparison of NASDAQ and OTCBB

The OTCBB is a quotation medium for subscribing members, not an issuer listing service, and should not be confused with The NASDAQ Stock MarketSM. OTCBB securities are traded by a community of Market Makers that enter quotes and trade reports through a highly sophisticated, closed computer network, which can be accessed through the NASDAQ Workstation. The OTCBB is unlike The NASDAQ Stock Market in that it: does not impose listing standards; does not provide automated trade executions; does not maintain relationships with quoted issuers; and does not have the same obligations for Market Makers.
 
* The OTCBB is separate and distinct from The NASDAQ Stock Market.

** Issuers of securities which began quotation on the OTCBB after January 4, 1999 are required to file periodic financial information with the SEC or other regulatory authority to maintain quotation eligibility.

*** A Form 211 is not required for listing on NASDAQ; however, the average time of approval for listing on NASDAQ is 6-8 weeks.

The OTCBB is distinct from the Pink Sheets. The Pink Sheets are not owned or operated by The NASDAQ Stock Market, Inc. or the NASD. The Pink Sheets LLC is a privately owned company whose Electronic Quotation Service provides an Internet-based, real-time quotation service for OTC equities and bonds.

Latest Blog Entries 

Fisker Automotive Announces a Letter of Intent for Assembly Contract With Valmet Automotive
Tuesday - July 15, 2008 @ 4:27PM Pacific.... IRVINE, Calif., July 15 /PRNewswire/ -- Fisker Automotive, Inc., a green American premium car company, today announced that Valmet Automotive will manufacture its first production car, the Fisker Karma. Known for producing high quality specialty cars like the Porsche Boxster and Cayman for Porsche AG, the Finland-based contract manufacturer brings to the Fisker Karma 40 years of experience of working with OEM customers and their wide ranging engineering and production needs. more...

GeoPharma Announces Record Revenues in Third Quarter Results
Thursday - June 26, 2008 @ 1:05PM Pacific....GeoPharma, Inc. (NASDAQ:GORX) (the “Company”) announced today a second consecutive quarter of record revenues reporting an unprecedented $23,890,000 for the fiscal fourth quarter ended March 31, 2008. The highest quarterly revenue total in the Company history represents a 31% jump sequentially versus the 3^rd quarter ended December 31, 2007 and a 68.5% increase versus the corresponding quarter a year ago. GeoPharma finished the fiscal year on March 31, 2008 with total revenues of $57,893,000. more...

Quantum Fuel Systems Technologies Worldwide Set to Join Russell 3000 Index and Russell Global Index
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uWink Hollywood Brings New Level of Food and Fun to Hollywood & Highland Entertainment Complex on Tuesday, June 17
Tuesday - June 17, 2008 @ 6:43AM Pacific....uWink (OTCBB:UWKI), an interactive dining experience serving classic American comfort food with a modern twist, opens its doors to a brand new location today at the famous Hollywood & Highland Center in Hollywood, California. Following the success of the first location in Woodland Hills, Nolan Bushnell, former CEO and founder of both Atari and Chuck E. Cheese, now brings his groundbreaking concept to Hollywood! There will be special events and prizes throughout the official grand opening weekend being held on Friday, June 27 through Sunday, June 29. more...

Advanced Cell Technology's Executive Invited to Present Today to FDA Advisory Committee on Cellular Tissue Therapies
Thursday - April 10, 2008 @ 6:23AM Pacific....Advanced Cell Technology, Inc. (OTCBB: ACTC) announced today that Jonathan H. Dinsmore Ph.D., Senior Vice President – Regulatory and Clinical, has been invited to present to the U.S. Food and Drug Administration’s Center for Biologics Evaluation and Research Advisory Committee on Cellular, Tissue and Gene Therapies. Dr. Dinsmore will deliver a presentation today titled, “Safety Considerations for the Clinical Application of Human Embryonic Stem Cells” to the FDA panel, which will convene at the Hilton Hotel in Gaithersburg, Maryland. more...

uWink Completes $10.4 Million Equity Financing

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Trading Alerts
Micro & Small-Cap Stock Report
Friday - August 1, 2008 @ 6:30AM Pacific....Wall Street sank Thursday, after weak readings on economic growth and the job market touched off renewed concerns about the financial health of businesses and consumers. The Dow Jones industrial average fell more than 200 points. The Commerce Department's report that gross domestic product grew at a 1.9 percent pace in the second quarter disappointed investors. Economists polled by Thomson Financial/IFR had expected growth of 2.4 percent in the broad measure of the economy's health. Investors were also concerned about Labor Department data saying that the number of people seeking jobless benefits jumped to the highest level in five years. Economists warned the weekly figures can be volatile, however, and some dismissed them as an aberration. A $4.5 billion cash offer from Bristol-Myers Squibb Co. for its cancer drug partner ImClone Systems Inc. kept the Nasdaq composite index from falling as sharply as other indexes. In other positive news, oil prices declined, and an index of Midwestern business activity indicated growth. But Wall Street could not shake off its worries about the economy -- particularly after sobering remarks from Former Federal Reserve Chairman Alan Greenspan on CNBC late in the afternoon. Greenspan said he would be more surprised if the United States did not enter recession than if it did. The comments came after Treasury Secretary Henry Paulson said in a speech in Washington that the economy will continue to grow at a moderate pace for the rest of the year, and the government's $168 billion stimulus package had helped grease the economy's wheels. more...

Quantum Fuel Systems Technologies Worldwide, Inc. The Next Big Thing!

OTCBlog WebLog
GOLD STOCKS - A "Perfect Storm" of Gold Price Drivers
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