Business
DM PRODUCTS, INC. PROVIDES SHAREHOLDERS WITH EXPLANATION OF OTCQB™ MARKETPLACE
DM PRODUCTS, INC. PROVIDES SHAREHOLDERS WITH EXPLANATION OF OTCQB™ MARKETPLACE.
About this update from New Asia Holdings, Inc.
[{"type":"text","content":"February 24, 2011 - DM Products, Inc. (www.dmproducts.biz) provides its shareholders with a brief explanation regarding the recently created OTCQB marketplace. Our common stock trades over-the-counter in the recently created OTCQB marketplace. This new comprehensive over-the-counter market tier includes the securities of over 768 SEC reporting companies and banks formerly designated as Pink Sheets stocks, in addition to the 3,050 securities that are currently quoted in both Pink OTC Markets' electronic inter-dealer quotation system and FINRA's OTCBB. All securities in the new OTCQB tier are displayed on www.otcmarkets.com with an icon reading, \"OTCQB -- U.S. Registered.\" Pink OTC Markets’ electronic interdealer quotation and trading system has become the leading platform for market makers, agency brokers and ECNs in the U.S. OTC market. More broker-dealers are choosing the superior performance and functionality of Pink OTC Markets’ open, transparent and broker-neutral platform over FINRA’s OTCBB for publishing quotes in SEC reporting and bank reporting stocks. We have recently learned that market makers trading in our stock have dropped use of FINRA's OTCBB because of the added fees necessary to keep that designation. With the advent of the OTCQB, these brokers are trading our securities on the newly created OTCQB and not the OTCBB. We do not believe it necessary at this time to reapply for quotation on the OTCBB because of the new trend in trading on the OTCQB. For more information on the OTC Market Tiers, see: http://www.otcmarkets.com/pink/otcguide/investors_market_tiers.jsp. This press release includes certain statements that fall within the definition of “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors’ and clients’ actions, and weather conditions, which could cause actual results to differ materially from those anticipated. Accordingly, such statements should be considered in light of these risks. Any prediction by DM Products is only a statement of management’s belief at the time the prediction is made. There can be no assurance that any prediction, once made, will continue thereafte...