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BEVERLY HILLS, CA, May 06, 2014 /24-7PressRelease/ -- Leading OTCQQ and Pink Sheet issuer law firm Securities Compliance Group announced today an innovative, exclusive offer to issuer's facing tier downgrades on OTC Markets. As of May 1st, with the due date for the majority of issuer's annual reports becoming due, hundreds of issuer's have been downgraded from OTCQB and Pink Sheet "current information" tier to non-reporting Pink Sheet status. The impact of such tier downgrades being, among other things, loss of investor confidence, higher cost of capital and inability for issuer shareholders to rely on Rule 144.
"Its exceedingly common to see a rash of issuers, even SEC reporting issuers, to be downgraded to the "limited information" tier of the Pink Sheets this time of year," said Adam S. Tracy, Securities Compliance Group's founder and managing attorney. "These tier downgrades often precipitate market declines as retail shareholders are often unfamiliar with the OTC Markets tier heirarchy and the requirements placed upon issuers," he continued. The package offered by the Securities Compliance Group offers an equtiy-compensation arrangement for services necessary to upgrade each issuer's tier.
Interested issuers are encouraged to visit the firm's newly revamped website at www.IBankAttorneys.com for information on the full range of services provided by the Securities Compliance Group.
About the Securities Compliance Group, Ltd.
Securities Compliance Group, Ltd. is a leading provider of corporate, corporate finance and securities legal services, SEC-registered transfer agency, compliance and consulting services to micro, small to mid-sized private and public entities, their management, and shareholders. Our team is comprised of skilled, experienced attorneys, capital markets consultants and investor relations professionals. Representing hundreds of pre-public, NASDAQ, OTC, Pink Sheet, and foreign-listed companies, Securities Compliance Group offers cost-effective compliance and legal solutions to its clients.
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