Why are the OTC-BB stocks dying?? Message Board

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Pastimes : Why are the OTC-BB stocks dying??

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To: LTK007 who wrote (28)	8/16/1998 6:52:00 PM
From: EL KABONG!!!	Read Replies (2) of 115

max90, are their any longterm success stories where a company moves from the BBs to the Big Boards to go on to be "famous"? A really, really good question. Someone made the statement a few weeks ago on another thread that Microsoft had started out as a penny stock. This statement was either a blatant lie or a gross error in judgement by the poster. (FWIW, Microsoft started selling at around $28 or so on its' IPO. The erroneous poster was referring to magazine articles that had stated that Microsoft was selling for a split-adjusted 40 cents on its' IPO. S/he opted to overlook the phrase split-adjusted.) After thinking about the Microsoft error for a little bit, I went out looking for a non-reporting, OTC-BB success story. So far, I've found none. Not a single one. I'm sure that somewhere there must exist some company that succeeded, but I haven't found it yet. Perhaps the success stories (if any) get bought out by bigger companies before they achieve even a modicum of fame, and then lose their unique identities under the name of some conglomerate. I don't know that to be a fact though. Just my speculation at this point. More research needs to be done. And I was looking solely at non-reporting companies.

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