What does Pink Sheets mean?
For starters, the Pink Sheets is not an exchange, but more so a centralized quotation service that collates and features for OTC securities. The Pink Sheet system is intended for non-reporting companies and does not list bid and ask prices of securities. The Pink Sheet system’s web site provides price quotes, financial news and relevant information pertaining to OTC companies. Theoretically, the Pink Sheets system offers a fair and equal forum for OTC companies in order to give them a fighting chance against larger, better capitalized, publicly-traded companies. The mission of the Pink Sheets is to create greater transparency in the OTC markets, by using state-of-the-art Internet technology to give investors the information they need to make informed investment decisions. The Pink Sheets is not a stock exchange or a regulated entity. Price quotations are provided by OTC market makers and company information is provided by the OTC companies. What is the difference between trading shells
