OTC Pink Current Status Announced - Shares Rip

OTC Pink Current Status Announced - Shares Rip

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, November 23, 2021

A small Arizona-based company just announced today that the OTC Markets Group, Inc. has approved the company as "Pink Sheet Current" as it is now filed all required mandatory quarterly disclosure filings. Shares of the micro cap soared on the news.

Ever since this year’s update to SEC Rule 15c2-11 pertaining to disclosure requirements for OTC companies, this feat is not as easy as it used to be. This is why shares of Nextmart Inc. (OTCPK:NXMR) rallied so strongly on the news.

Traders bought up shares all the way to $0.04/share (+73.16%) following the headlines. This move could be an indication of things to come as the stock continues its uptrend for the year.

Copyright © 2021 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Launch to Give Americans Affordable Access to Medications from Canada
Transportation Sends Durable Goods Orders Down for Second Month
Mid-Session Rally Turns Heads
Most Popular
FREE Newsletter

Back to Top