luis asked in Business & FinanceInvesting · 2 months ago

Delisted Pink sheet stocks: Question?

When a Pinksheet is degraded to the point of being delisted for not complying ..Does the delisted company in the event of a private foreign acquirer.. purchasing the delisted pink.. still have to pay its old shareholders?

3 Answers

  • kswck2
    Lv 7
    2 months ago

    They are supposed to, but Pink Sheets laws are rather vague. So good luck. 

  • Anonymous
    2 months ago

    They don't have to pay shareholders unless they decide to take it private. I held one for over 10 years and they are finally going private so I will get $4.13 a share soon.

    I had hoped for this much 10 years ago. So its been a long wait.

  • Anonymous
    2 months ago

    Pink sheet stocks are marginal to begin with. They are called "Over The Counter" and not listed on a major exchange, and don't have to comply to laws related to listed stocks.

    Pink sheet securities trade on the Over-the-Counter Bulletin Board (OTCBB). Maybe it became Other-OTC/NBB. Any OTC equity security that is not quoted on the OTCBB but is eligible for trade reporting to the OTC Reporting Facility is categorized as "other-OTC" or non-Bulletin Board (NBB). This includes, but is not limited to, securities quoted on OTC Markets. Because other-OTC securities are not quoted on the OTCBB, you will not be able to access quotes on these stocks on

    Pay its shareholders what? Try writing to the company, or turn in the shares for a tax write off of the purchase price.

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