otc pink sheets
otc pink sheets
If a change of command occurs in the OTC or pink stocks, what happens to the shares of investors who had the ancient symbol
never purchased actions include: Headquarters: Pink Sheets Quotation Status: not applied b / 4 very confused, except to understand the risk is very, very tall and seeking information difficult to find. Probably a stupid question, but I realize the symbols change in stocks listed on the pink sheets sometimes, if it gets a new symbol, what does it mean for the investor with the symbol of age. I'm not asking for a symbol change due to bank failure presentations, only ad appears to be a lot of changes the company name for other reasons
The symbol changes can happen for various reasons, good and bad. The company could be coming out of bankruptcy so you will see the name of the company and the new symbol on the list, sometimes with the word "new" fence. Mergers happen, or a company sells a major section of your business. I had one, where I bought a company that sells and installs voice over Internet (VoIP). They made a division inverse and that the business was sold and the money of the principal owners (majority) bought a tungsten mine in Nevada. Instead of several thousand shares VoIP technology, I have 8 actions of what Mark Twain called "a hole in the ground surrounded by liars." In another case, however, the company of Mickey Mouse I bought some new medical technology went through a similar metamorphosis, selling its technology and folded. Another one, also with the technology medical, went from something like 9 cents a share to more than $ 2 per share after receiving a government contract. I just wish I had bought more than a thousand shares. Good luck.
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