OTCGame Publisher Conspiracy Hires OTC for Investor Relations CampaignAuthored by Mark Hefflinger on September 5, 2006 - 3:29pm.
Los Angeles - Video game developer and publisher Conspiracy Entertainment announced on Tuesday that it has retained OTC Financial Network for an investor relations campaign.
Shares of Spoken Word Audio Firm Audible Move to OTC Bulletin BoardAuthored by Mark Hefflinger on February 18, 2003 - 2:57am.
Wayne, N.J. -- Audible, Inc., a provider of downloadable spoken word audio content for PCs and portable devices, announced on Tuesday that its shares will move from the Nasdaq SmallCap Market to the Over-the-Counter Bulletin Board. The company said the move is a result of the Nasdaq's new listing requirement test based on shareholder equity accounting, which Audible believes is unfair. "We attempted to point out to Nasdaq the illogic of a listing test that penalizes innovation and economic efficiency born of new technology distribution platforms," said Audible CEO Donald Katz, "but we were ultimately asked to meet financial structure requirements by the Nasdaq listing committee that would have been gratuitously dilutive to our shareholders."
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