Tagged: otc markets

December 21, 2018 @ 11:59 am By JD Alois  |  

This week, CI reported about a problem for Regulation A issuers (or Reg A+ as it is called). Speaking with Mark Elenowitz, a Wall Street veteran and CEO of Tripoint Global and Bank, he explained a nagging problem for issuers using the security exemption who… Read More

December 19, 2018 @ 8:29 pm By JD Alois  |  

Today, Reg A+ received a big boost from the Securities and Exchange Commission (SEC) as they announced that reporting firms will soon be able to use the security exemption. Old Regulation A was an exemption that just about no one used – ever. It took… Read More

September 23, 2018 @ 1:23 pm By JD Alois  |  

Elio Motors (OTCQB: ELIO) is back raising money once again for its three wheel concept vehicle that has been delayed multiple times.  But this time is different as Elio is planning an initial coin offering with a security token: ElioCoin. Elio Motors hit the crowdfunding… Read More

September 21, 2018 @ 10:40 am By JD Alois  |  

The OTC Markets Group has introduced a new service: Small Cap Listed Compliance Product. According to OTC, this service allows firms to enhance their due diligence and establish a standardized framework to analyze securities across the listed and OTC equity small cap market, providing users… Read More

September 10, 2018 @ 7:29 am By JD Alois  |  

The Securities and Exchange Commission (SEC) issued a temporary suspension of trading of two cryptocurrency related securities. Both the Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) traded on OTC Markets saw trading halted as ordered by the SEC. The temporary suspension went into effect… Read More

August 22, 2018 @ 8:12 am By Samantha Hurst  |  

OTC Markets Group Inc.(OTCQX: OTCM), an operator of financial markets for ten thousand U.S. and global securities, announced on Wednesday it has added blockchain accelerator, Victory Square Technologies, to OTCQX. Victory Square Technologies was notably upgraded to OTCQX from the Pink market and begins trading on OTCQX… Read More

June 22, 2018 @ 8:02 am By JD Alois  |  

OTC Markets Group has just published a commissioned study by Oxford Metrica, a strategic advisory firm, pointing to the benefits of listing shares on the OTCQX by international firms. OTC Markets is an ATS and competes heavily with the Nasdaq, NYSE etc. So why would an… Read More

May 30, 2018 @ 8:53 am By JD Alois  |  

Buried within the “Economic Growth, Regulatory Relief and Consumer Protection Act” that was signed into law last week, was an expansion of Regulation A or Reg + that it is popularly called. The securities exemption is now available to not just private companies but also… Read More

April 23, 2018 @ 4:18 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued another trading suspension regarding a company associated with cryptocurrency services. IBITX Software is a company that claims to operate IBITX as a “Dynamic new type of currency exchange which matches new Initial Currency Offerings (ICOs)” IBITX says it is “one… Read More

April 14, 2018 @ 8:01 am By JD Alois  |  

Long Blockchain Corp., a company that was formerly known as Long Island Tea Corp., has been kicked out of NASDAQ. The delisting notice was received earlier this week following an previous notice from NASDAQ staff in mid-February that the company was in the queue to… Read More

March 27, 2018 @ 10:55 am By JD Alois  |  

Muscle Maker Grill has filed a post qualification offering circular with the Securities and Exchange Commission (SEC) indicating its intent to list on OTCQX Marketplace under the symbol of MMB after the Reg A+ crowdfunding round closes. This is a change from previous communications where… Read More

March 20, 2018 @ 10:28 am By JD Alois  |  

OTC Markets (OTCQX: OTCM) has added Empire Stock Transfer Inc. its “Transfer Agent Verified Shares Program.” This is part of OTC Markets mission to improve the availability and accuracy of share data for OTCQX, OTCQB and Pink securities. OTC Markets launched the Transfer Agent Verified… Read More

February 16, 2018 @ 9:52 am By JD Alois  |  

The Securities and Exchange Commission (SEC) is once again taking action against companies that make specious claims regarding cryptocurrency and Blockchain involvement. The SEC has halted trading in Cherubim Interests Inc. (OTCPink:CHIT), PDX Partners Inc. (OTCPink:PDXP), and Victura Construction Group Inc. (OTCPing:VICT). The halt was… Read More

February 15, 2018 @ 10:36 am By JD Alois  |  

The law firm of Pomerantz LLP has announced that the class action lawsuit against The Crypto Company (OTCMKTS:CRCW) and certain of its officers, alleging violations of the Securities Exchange Act of 1934, has been voluntarily dismissed. The Securities and Exchange Commission (SEC) halted trading in… Read More

February 2, 2018 @ 10:21 pm By Samantha Hurst  |  

OTC Markets Group Inc.(OTCQX: OTCM), an operator of financial markets for ten thousand U.S. and global securities, announced on Thursday that True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), the first Canadian-listed company, to conduct a successful Reg. A+ offering on its… Read More

December 19, 2017 @ 3:37 pm By JD Alois  |  

This past November Crowdfund Insider had the opportunity to participate in the World Funding Summit in Los Angeles. Organized by Economist and Entrepreneur Victoria Silchenko, the event has updated and changed over the years as the Fintech industry has quickly expanded beyond capital formation. In… Read More

December 19, 2017 @ 11:14 am By JD Alois  |  

The Securities and Exchange Commission has filed an order to suspend the trading in shares of The Crypto Company (OTC Pink:CRCW). Shares in The Crypto Company had recently risen to over $640 per share. The 52 week low of shares in CRCW were $3.30 each…. Read More

November 3, 2017 @ 2:58 pm By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM), an operator of financial markets, has announced it will begin disseminating, on a monthly basis, a list of downgrades from its both OTCQX and OTCQB markets as well as a separate list of “Caveat Emptor Designations” that have occurred in… Read More

October 13, 2017 @ 9:45 am By Samantha Hurst  |  

Fintech organization Investview announced on Thursday it is now trading shares on OTC Market’s OTCQX and will be displayed as INVU. The company revealed has been trading on the PINK and as one of the first actions of the management team after the recent acquisition, it applied… Read More

October 12, 2017 @ 3:58 pm By Samantha Hurst  |  

 OTC Markets Group Inc.(OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Continental Stock Transfer & Trust has joined OTC Markets’ Transfer Agent Verified Shares Program. The organization revealed it launched the Transfer Agent Verified Shares Program initiative with the goal of… Read More