Rawnoc educates skeptics on Market Makers & OTCBB quotation service

Since MARKET MAKERS are the only ones who can apply for "listing" (for lack of a better word), obviously JBII wouldn't have to file an SEC filing to report the status of something of actions of market makers in the first place.

"Only Market Makers can apply to quote securities on this service. Issuers may contact an authorized OTCBB Market Maker for sponsorship of a security on the OTCBB. The OTCBB does not charge issuers a fee for being quoted on the service. FINRA Rules prohibit Market Makers from accepting any remuneration in return for quoting issuers' securities on the OTCBB or any similar medium."

http://otcbb.com/aboutOTCBB/overview.stm#aboutfeatures

Why would JBII have to file an 8K over a market maker applied-for service? Should JBII file an 8K if a market maker goes out to lunch too? JBII never applied to list on the OTCBB because no companies ever apply to list on the OTCBB -- market makers do, and technically it's not considered a "listing" -- so the notion of having to file an 8k over a "delisting" is ludicrous and I consider this topic done and buried.

Doesn't matter if the OTCBB is the messiah of the trading world.

It's still not a "listing" -- it's quotation service for which a market maker applies. So it seems stupid to expect an 8k from the company over a "listing" when there is no "listing" and the service, and no company is a market maker.

Raw