Alkaline Water Company to File Form 211
The Alkaline Water Company (OTC: WTER) announced plans to file Form 211 with FINRA through a market maker under SEC Rule 15c211. This filing aims to enable proprietary broker-dealer quotations and continuous market making, addressing current limitations of unsolicited quotes that cause wider spreads and increased volatility. The company, currently Pink Sheet Current, intends to uplist to OTCQB after completing the Form 211 filing. The OTCQB tier offers stricter standards and greater financial transparency compared to Pink Sheets, positioning it as a middle-tier market for developing companies.
La Alkaline Water Company (OTC: WTER) ha annunciato piani per presentare il Modulo 211 alla FINRA tramite un market maker secondo la Regola 15c211 della SEC. Questa registrazione mira a consentire quotazioni di broker-dealer proprietari e un market making continuo, affrontando le attuali limitazioni delle quotazioni non sollecitate che causano spread più ampi e maggiore volatilità. La società, attualmente registrata come Pink Sheet Current, intende passare all'OTCQB dopo aver completato la presentazione del Modulo 211. Il livello OTCQB offre standard più rigorosi e una maggiore trasparenza finanziaria rispetto ai Pink Sheets, posizionandosi come un mercato intermedio per le aziende in sviluppo.
La Alkaline Water Company (OTC: WTER) anunció planes para presentar el Formulario 211 ante la FINRA a través de un creador de mercado, bajo la Regla 15c211 de la SEC. Este registro tiene como objetivo permitir cotizaciones de corredores-dealers propietarios y un market making continuo, abordando las limitaciones actuales de las cotizaciones no solicitadas que causan spreads más amplios y mayor volatilidad. La empresa, actualmente en Pink Sheet Current, tiene la intención de subir a OTCQB después de completar la presentación del Formulario 211. La categoría OTCQB ofrece estándares más estrictos y una mayor transparencia financiera en comparación con los Pink Sheets, posicionándola como un mercado de nivel medio para empresas en desarrollo.
알칼라인 워터 컴퍼니 (OTC: WTER)는 SEC 규정 15c211에 따라 시장 조성자를 통해 FINRA에 양식 211을 제출할 계획을 발표했습니다. 이 제출은 자체 브로커-딜러 견적과 지속적인 시장 조성을 가능하게 하는 것을 목표로 하며, 폭넓은 스프레드를 발생시키고 변동성을 증가시키는 비청구 견적의 현재 한계를 다룹니다. 현재 핑크 시트 현재 상태인 이 회사는 양식 211 제출을 완료한 후 OTCQB로 상장할 계획입니다. OTCQB 계층은 핑크 시트에 비해 더 엄격한 기준과 더 큰 재무 투명성을 제공하여 개발 중인 회사들을 위한 중간 계층 시장으로 자리잡고 있습니다.
La Alkaline Water Company (OTC: WTER) a annoncé son intention de déposer le Formulaire 211 auprès de la FINRA par l'intermédiaire d'un teneur de marché conformément à la règle 15c211 de la SEC. Ce dépôt vise à permettre des cotations de courtiers-détaillants propriétaires et un marché continu, répondant ainsi aux limites actuelles des cotations non sollicitées qui entraînent des écarts plus larges et une volatilité accrue. La société, actuellement en statut Pink Sheet Current, prévoit de passer à l'OTCQB après avoir complété le dépôt du Formulaire 211. La catégorie OTCQB offre des normes plus strictes et une plus grande transparence financière par rapport aux Pink Sheets, la positionnant comme un marché de niveau intermédiaire pour les entreprises en développement.
Die Alkaline Water Company (OTC: WTER) gab Pläne bekannt, das Formular 211 über einen Market Maker gemäß SEC-Regel 15c211 bei der FINRA einzureichen. Diese Einreichung zielt darauf ab, die Quotierungen von proprietären Broker-Dealern und die kontinuierliche Marktbildung zu ermöglichen und die aktuellen Einschränkungen unaufgeforderter Angebote, die zu höheren Spreads und erhöhter Volatilität führen, zu beheben. Das Unternehmen, das derzeit als Pink Sheet Current registriert ist, beabsichtigt, nach Abschluss der Einreichung des Formulars 211 auf die OTCQB aufzusteigen. Die OTCQB-Ebene bietet strengere Standards und größere finanzielle Transparenz im Vergleich zu Pink Sheets und positioniert sich als ein Mittelmarkt für aufstrebende Unternehmen.
- Planning to enable continuous market making and proprietary broker-dealer quotations
- Strategic move to uplist from Pink Sheets to OTCQB
- Potential for improved trading liquidity and volume
- Currently to unsolicited quotes causing wider spreads and volatility
- Trading limitations affecting investor ability to efficiently buy or sell stock
At the current time, the Company is Pink Sheet Current, but all quotes solely reflect unsolicited customer orders. Being limited solely to unsolicited quotes causes a higher risk of wider spreads, increased volatility, and price dislocations making it more difficult for market investors to efficiently buy or sell common stock in the OTC Market.
Mr. David Guarino (President), states…"The Company worked very hard to become a current Pink Sheet listed issuer. We are now taking the next step to allow the Company's market makers to publish proprietary quotes and continuous market making. This will allow market investors to have greater liquidity as well as increased volume opportunities. Upon completion of the filing of the Form 211, the Company plans to start the process of uplisting to the OCTQB with OTC Markets, Inc.
The OTCBB is a quotation service that also lists over-the-counter securities. While the "Pink Sheets" are a privately held company, the OTCQB service is provided by FINRA. The other difference between the Pink Sheets and OTCBB is that there are stricter standards for OTCBB including more financial statement transparency to market investors. Again, the OTCQB, also called "The Venture Market," is the middle tier of the over the counter (OTC) market for
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About The Alkaline Water Company, Inc.
The Alkaline Water Company, Inc., are the developers of Alkaline - a purified alkaline water, enhanced with Himalayan rock salt and engineered for a smooth and delicious taste.
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SOURCE The Alkaline Water Company, Inc.
FAQ
What is The Alkaline Water Company (WTER) Form 211 filing for?
What is WTER's current trading status and planned uplisting?
How will the Form 211 filing benefit WTER investors?
