i personally know a few guys on the now almost
defunct bluepoint, also the founder on techedg.
They are usually pretty vague when questioned about
how these otc things work and their advantages.
I just don't get it. Going on otc bb only revealed
how financially weak they are, their sec filings
don't even show enough cash to buy a decent house in the US. Why as a private investor do I want to buy into
a private placement like this or their secondary offerings.
Can you show me a success story where an otc stock
moved up to nasdaq and achieved over $1 billion market
cap and stayed above that as of right now?