Tag Archives: Bloomberg

OTC Markets Wants To Be The Exchange For Entrepreneurs

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In a recent Bloomberg article about cannabis-related securities, Jason Paltrowitz explained that OTC Markets wants to be the market for entrepreneurs. Paltrowitz explained how innovative companies, like those in the cannabis space, choose OTC Markets over national exchanges because National exchanges are more restrictive, more expensive, and less beneficial for small issuers. OTC Markets has seen many international cannabis companies list on

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MicroCap Companies Jump Into Crypto (and their stock prices jump)

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Last week, everyone was talking about Long Island Iced Tea changing its name to Long Blockchain. Long Blockchain, who was primarily in the business of selling soft drinks, saw a big jump in their stock price. Long Blockchain isn’t the only microcap company jumping on the block chain bandwagon. In a recent Bloomberg article, the author looks at other companies that

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For Public Companies, Communicating With Investors is Essential

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Since Snap, Inc. went public earlier this year, its stock’s value has decreased by about a third. Earlier this month, Snap founder & CEO Evan Spiegel said he’d learned a lesson: For public companies, communicating effectively with investors is essential. “One of the things I did underestimate was how much more important communication becomes,” Spiegel said on Tuesday at the

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Canadian ‘Penny Stocks’ Draw Concern as $750 Million Deal Fails

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On October 5, West High Yield (W.H.Y.) Resources Ltd. spiked from C$0.36 to as high as C$3.80 on news that a buyer was prepared to pay $750 million for West High Yield’s main magnesium assets in British Columbia when the whole company was worth only $16 million. The buyer, Gryphon Enterprises LLC, had no website, its CEO used an AOL email address,

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