penny stock disclosure
One Of My Investments Acquired an ‘E’ at the end of their stock symbol,ITEK.OB is now ITEKE.OB What’s the deal
http://finance.yahoo.com/q?s=ITEKE.OB
Anybody know what this means when an OTC investment does this… I’ve e-mailed IMMEDIATEK and no response as of yet.
10-points for whomever correctly explains what this means for this penny stock investment I own.
Disclosure 12,000 shares
Thanks,
Raidehz
Usually what that means for companies that are on regular exchanges is that they failed to file all the paperwork with SEC.
ITEK is also late so it filed NT K10 which is getting an extension to file the paperwork. To let the traders know that the company is late with paperwork letter E was added to the end of the tick.
In case with ITEK read this
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3D%5C2006%5C04%5C03%5CEDGARNews_0000950134-06-0065460001084182.html%26clientid%3D168%26provider%3DEDGARnews&symbol=ITEKE
Aleks
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