IQST has now been accepted into the OTCQX.
- The OTCQX is the highest quality tier of OTC markets and offers trading in companies that are not listed on traditional exchanges.
- Companies listed on the OTCQX markets have to follow certain rules and criteria and are subject to SEC regulation. For example, they have to adhere to governance transparency and must not be penny stocks.
- The two lower-tier venues for OTC trading in the U.S. are the OTCQB (formerly the OTCBB) and the Pink Sheets.
With this in mind, IQST no longer falls under the category - ‘Illiquid OTC Penny Stocks’.
And with that logic 212 should once more allow the purchasing of said stock. Yes?