What different kinds of companies are quoted in Pink Sheets?
There are many companies listed in Pink Sheets, but the majority of them are: Small start up companies that have not yet grown enough to meet the requirements of NASDAQ or SEC to be publicly listed. Large foreign companies that are publicly listed in their home countries, but do not pass the requirements of being listed in the US. The most common reason for this is that the financial statements of these foreign companies are not in conformity with the GAAP, which is required to be listed in the US. Companies that volunteered to be delisted and try their hand at over the counter (OTC) stocks trading. Banks and companies which are thinly traded.
