TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: cavan who wrote (59984)	8/23/2000 4:12:55 PM
From: Tom Allinder	Read Replies (2) of 150070

Pink Sheets: (MY OPINION) Because I know DNAP is for real, and will be filing and eventually wind up on the OTCBB, I am following it closely. Aside from DNAP, I generally steer clear of Pink Sheet stocks. I recently read one "Newsletter" stock pumpergram that encouraged people to move to the "Pink Sheets". Why would you suppose that is? The fact of the matter is that the OTCBB has been getting cleaned up. There is greatly increased transparency on the OTCBB now. It is far from perfect and a lot of work remains to be done. But.... At least now we know that an OTCBB company has to have a few ducks in a row to be listed. The new stock scams are moving to the Pinks Sheets because there is little or no transparency. An OTCBB company has to file paperwork for everything they do with regard to their capital structure. A Pink Sheet doesn't have to file anything. This means a Pink Sheet company can do anything they want to manipulate their own stock and not file anything on it. The Pink Sheets will become what the OTCBB used to be and the OTCBB market will be like a mini-NASDAQ. All we need now on the OTCBB is ECNs and we would have it made! Tom

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