Pink sheet disclosure
In August of 2007 companies offering “pink sheets” investments that don’t meet or can’t meet the OTCQX requirements are being classified into several categories that help the potential investors to classify the companies pink sheets offerings. This is so that the limitations in information available or scarcity of information available on pink sheets could increase giving investors more to go on. In a few of these categories investors can see if the pink sheets are worthy of perusing, and one even lists some in the “beware” category that let’s investors know that this is a very risky endeavor. This includes companies who have fraud accusations, or questionable business practices and so on. These classifications are designed to help investors acquire more information and to motivate the holders of the pink sheets (companies) to offer up more data.