|
|
How Make Internet into a Profitable Media
Internet have become a media for the people to make money. A lot of people earn cash from the internet. They choose to established a home business on the net instead of seeking a job. Did have tried to make money online ? Maybe you have tried to...
Organization and the Opposite Sex
In many of the companies I have worked in, there is a very high proportion of male managers to females. This causes a major challenge in the work environment, (although many of them are unaware it is an important issue).
The women know that...
The easy way to create your website.
The only way to success in any on line venture is to have a good product and a healthy amount of customers. Not the most breathtaking statement is it? Possibly the most obvious thing about business anywhere is that you must have people who want...
Universal Success Secrets
Are there any universal laws that most successful people seem to follow? Great question, huh? With that in mind, I began listing some common denominators in order to share them with others. I’ve been very fortunate to have had some success in my...
Why Choose a Home Owner Loan?
Most people choose a home owner loan as it can release the capital that is tied up in their property for immediate use. The loan can be used for any purpose, and is available to anyone who owns their home. Home loans can be used for any purpose...
|
|
|
|
|
|
|
|
Pinksheets.com News Service For Shareholders - Criticized as being too little, too late by grass roots penny stock reformist
The Pink Sheets are coming of age in perhaps one of the better moves they've made in years. As a continuing effort to create more transparent and efficient OTC markets, Pink Sheets LLC, announced the launch of Pink Sheets News Service, an innovative publishing tool for OTC issuers last October. The news service allows issuers to publish in real-time their news releases and financial reports on www.pinksheets.com, the leading source of information for OTC Markets.
Some on Wall Street speculate that PLINK was developed in response to the changes taking place at the Bulletin Board's new BBXchange (www.bbxchange.com) which was slated to open in January and is now delayed until the end of the year as regulators debate its rules and governance.
The BBX is a proposed new marketplace that will eventually take the place of the OTC Bulletin Board (OTCBB). The BBX will appeal to many of the same companies that are currently quoted on the OTCBB, but will be a higher quality market. These changes, while an advantage to many companies, are also a call to action for the Pink Sheets if it is to compete.
When the BBX does go into affect many companies will not elect to join, instead they're expected to move to the Pink Sheets were reporting requirements are not as strict.
What's prompting those decisions are rules relating to corporate governance that require audit committees and more independent directors. For smaller companies the costs associated with complying to those rules are too much to bare. Instead, many will elect to switch to the Pink Sheets.
With many companies undecided on switching exchanges, some on Wall Street speculate that Mr. Coulson's move into expanding his services at that time were very coincidental to his desire to gain market share over the BBX. Some brokers believe it took opportunity rather than integrity to see the Pink Sheets LLC finally offer a means for brokers and shareholders alike to access news and information. Axcess Business News wonders if Mr. Coulson would have been so quick to announce Plink had he known the BBX's launch would be delayed.
Cromwell Coulson, Chairman & CEO of Pink Sheets LLC, in a press release issued Oct 16 2002 said, "OTC issuers will now be able to reach their stock holders and the interested public with their corporate information and investors will be empowered to make more informed decisions. By improving the availability of information, we hope to bolster the integrity and growth of OTC markets."
Investor concerns over the lack of information about companies that trade in the Pink Sheets has been growing for some time and while those latest improvements were well received, to some its not enough. Mr. Ian Park, a college student in Florida who had been swindled in a penny stock scheme was frustrated over the lack of concern by regulators - and Mr. Coulson, to improve the OTC market's reporting requirements. He formed a grass roots organization he called "Project Penny" and began soliciting the Securities and Exchange Commission, the NASD and Mr. Coulson to consider adopting more stringent disclosure rules.
Mr. Coulson was quoted in response to Ian Park's plea for help as stating, "I agree that it is important for regulators to review the rules applying
to OTC trading as part of the BBX becoming a listed exchange and there are areas which should be improved immediately, such as the immediate need for short position reporting and disclosure for all OTC equities, but more importantly, regulators should put in place a process to deal with needs that arise over time."
Axcess Business News has been covering Project Penny and Mr. Park's grass roots organization extensively (see, Stock Fraud, Swindles and the American Way). Over time, Project Penny has gotten support from Congressmen, influential securities lawyers and thousands of individuals who want improved disclosure and recently even the Securities and Exchange Commission is beginning to listen to Mr Park. Perhaps Mr. Coulson is beginning to listen as well.
In response to the Pink Sheets LLC's news service that helps shareholders and brokers alike obtain news on companies, Mr. Park of Project Penny (otcfraud.com) said, " The Pink Sheets has been receiving continued pressure from organizations such as mine that are demanding significant improvements and changes be made to the Pink Sheets. I believe we are finally beginning to take steps in the right direction."
Related Articles:
Stock Fraud Swindles and the American Way November 2002 - While new rules on corporate governance have been taking effect little has been done to stop penny stock schemes and swindles. One man took it on his own to do something about, forming a grass roots organization dubbed, "Project Penny.
Stock Fraud Swindles and the American Way Part II December 2002 - A college student in Florida who had been swindled in a penny stock scheme formed a grass roots organization he calls "Project Penny" in an attempt to sway regulators to adopt more stringent rules. We caught up with Mr. Park, taking a second look at Project Penny and his progress.
Wall Street's Changing Landscape Sept 2002 - With the NASDAQ's loss of many companies, few are taking notice of the new BBX exchange.
Rating The Stock Touts - who are the better swindlers Repeatedly Americans have seen news on the pending fines against some of Wall Street's better known investment banking firms, waiting for regulators to act. And what an act it was.
Link To Ian Park's Grass Roots Organization:
Project Penny: www.otcfraud.com Grass roots organization attempting to reform penny stock rules. Founded by Ian Park. Mr. Park is what reform is all about. We need more people like him who'll stand up to Wall Street and Washington. I urge you to click on his link and join his grass roots campaign to reform penny stock rules! I gave him three rabbits, our highest relevant rating for a link!
Axcess Business News will continue to report on the Pink Sheets, BBXchange and Project Penny's activities for our readers. Watch your in-box for any news alerts on this and other late breaking business news. If your not a member, consider subscribing now and you can get these great market alerts too!
Go to http://www.theaxcess.net to read more great content like this. Then join our list!
About the Author
Alan writes a daily financial column for Axcess Business News. Go to http://www.theaxcess.net and help yourself to some common sense! Read Alan Fein Now!!!!
|
|
|
|
|
Finance - Leases-Leasing Ezine Articles |
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
ezinearticles.com |
  |
Finance: Leases Leasing Articles from EzineArticles.com |
http://ezinearticles.com/?cat=Finance:Leases-Leasing Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Why use your ... |
ezinearticles.com |
  |
Leases Leasing - Money & Finance Articles |
Leases Leasing - Money & Finance Articles. Money & Finance | Accounting & Payroll | Bankruptcy | Business & Loans | Credit Tips | Currency-Trading ... |
www.article99.com |
  |
Finance » Leases Leasing » Absolute Article Directory |
Absolute Article Directory: Finance, Leases Leasing. |
www.absolutearticle.com |
  |
- Leases-Leasing |
By David Springer | On January 29, 2006 | In Leases-Leasing | Rated. Short on cash, but need equipment? Consider leasing what you need. ... |
www.articlebar.com |
  |
Leases Leasing |
You are here: Article Directory arrow Article Directory arrow Finance arrow Leases Leasing ... Leases Leasing. Articles ... |
www.rumorist.com |
  |
Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan ... |
Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan Florence One Way Paris London Frankfurt Madrid Lisbon. |
www.ideamerge.com |
  |
europe car rental leases leasing one way rentals long term renault ... |
pictured is the Renault Laguna Estate, With Renault tax-free, short-term auto leasing you get the exact, brand-new vehicle you reserve, plus unlimited miles ... |
www.ideamerge.com |
  |
Private Fleet - Finance, Insurance, novated leases, leasing, CHP ... |
New Car Broker Australia. Private Fleet sales discounts on your new car purchase, no haggle, no hassle saving $1000s off all new and used cars for private ... |
www.privatefleet.com.au |
  |
Projector Leases, Leasing Companies for LCD, DLP, LCOS projectors |
Projector leasing programs and services. Choose a company. |
www.projectorcentral.com |
  |
Category: leases-leasing |
Category... leases-leasing. Results 1 - 3 of 3. Search took 0.01 seconds. Page 1 of 1. Buy or Lease: Which Automobile Transaction is Better? ... |
www.articler.com |
  |
John Dellagnese & Associates: offices, officespace, lease, leases ... |
It takes two companies to bring you the premier Corporate Property Development group in Northeast Ohio: the talents of John Dellagnese and Associates ... |
www.dellagnese.com |
  |
John Dellagnese & Associates: offices, officespace, lease, leases ... |
Welcome to our Tenant Login Page. * Forgot your password or haven't received one yet? Email us tinah@dellagnese.com or call 330-668-4000 and we will reply ... |
www.dellagnese.com |
  |
The-Arts-Magazine.com - Leases-Leasing |
Home arrow Article Links arrow Finance arrow Leases-Leasing. Main Menu ... Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. |
www.the-arts-magazine.com |
  |
OmegaMotors.com - Your Money - Leases - Leasing Overview |
Blue Book retail & trade-in value reports on used vehicles. Kelley features prices on used cars, trucks, street and dirt bikes, ATVs, scooters, ... |
www.omegamotors.com |
  |
Entertainment Guide - Leases-Leasing |
Sunday, 03 December 2006, Home arrow Article Resources arrow Finance arrow Leases-Leasing ... Mosets Tree. Leases-Leasing ... |
www.entertainment-resource-directory.com |
  |
- Leases-Leasing |
Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. spacer.png, 0 kB. spacer.png, 0 kB. download joomla modules download joomla ... |
www.healthcare-resource-guide.com |
  |
FINANCEDEPARTMENT.COM- Finance, Mortgages, Leases, Leasing ... |
Finance, Mortgages, Leases, Leasing, Brokerage Houses, Mortgage Lending. |
www.financedepartment.com |
  |
vehicle leases leasing guide and facts |
vehicle leases leasing guide and facts. Under the federal Consumer Leasing Act, you, the consumer, have a right to information about the costs and terms of ... |
www.shopperfavorites.com |
  |
- Leases-Leasing |
spacer.png, 0 kB. spacer.png, 0 kB. Home arrow Article Resources arrow Finance arrow Leases-Leasing. Mosets Tree. Leases-Leasing ... |
www.cars-directory-guide.com |
  |
|