Alkaline Water files for its 15c211
The Alkaline Water Company (OTC: WTER) announces its plan to file Form 211 application with FINRA through a market maker under SEC Rule 15c211. This move aims to enable proprietary broker-dealer quotations and continuous market making, addressing current limitations of unsolicited quotes in Pink Sheet Current status. The company intends to uplist to OTCQB after completing the Form 211 filing, which would provide greater financial transparency and trading standards compared to Pink Sheets. This transition is expected to improve market liquidity and increase trading volume opportunities for investors.
L'Alkaline Water Company (OTC: WTER) annuncia il suo piano di presentare la domanda del Modulo 211 a FINRA tramite un market maker secondo la Regola 15c211 della SEC. Questa mossa mira a consentire quote di broker-dealer proprietarie e creazione di mercato continua, affrontando le attuali limitazioni delle quote non richieste nello stato corrente del Pink Sheet. L'azienda intende passare a OTCQB dopo aver completato la presentazione del Modulo 211, il che fornirebbe maggiore trasparenza finanziaria e standard di trading rispetto ai Pink Sheets. Si prevede che questa transizione migliori la liquidità del mercato e aumenti le opportunità di volume di trading per gli investitori.
La Alkaline Water Company (OTC: WTER) anuncia su plan de presentar una solicitud del Formulario 211 a FINRA a través de un creador de mercado bajo la Regla 15c211 de la SEC. Este movimiento tiene como objetivo permitir cotizaciones de corredor-dealer propietario y creación de mercado continua, abordando las limitaciones actuales de las cotizaciones no solicitadas en el estado actual de Pink Sheet. La empresa tiene la intención de uplistarse a OTCQB después de completar la presentación del Formulario 211, lo que proporcionará una mayor transparencia financiera y estándares comerciales en comparación con Pink Sheets. Se espera que esta transición mejore la liquidez del mercado y aumente las oportunidades de volumen de negociación para los inversores.
알칼리수 회사(OTC: WTER)는 SEC 규칙 15c211에 따라 시장 조성자를 통해 FINRA에 211 양식 신청서를 제출할 계획을 발표했습니다. 이 움직임은 소유 브로커-딜러 인용정보 및 지속적인 시장 조성을 가능하게 하여 Pink Sheet 현 상태에서 자발적 인용의 현재 제한을 해결하는 것을 목표로 합니다. 회사는 211 양식 제출을 완료한 후 OTCQB로 상장할 계획이며, 이는 Pink Sheets에 비해 더 큰 재무 투명성과 거래 기준을 제공할 것입니다. 이 전환은 시장 유동성을 개선하고 투자자에게 거래량 기회를 증가시킬 것으로 예상됩니다.
La Alkaline Water Company (OTC: WTER) annonce son intention de déposer une demande de Formulaire 211 auprès de la FINRA par l'intermédiaire d'un market maker, conformément à la règle 15c211 de la SEC. Ce mouvement vise à permettre des cotations de courtiers-négociants propriétaires et un marché continu, en répondant aux limitations actuelles des cotations non sollicitées dans l'état actuel du Pink Sheet. L'entreprise a l'intention de se répertorier au OTCQB après avoir complété le dépôt du Formulaire 211, ce qui offrirait une plus grande transparence financière et des normes de trading par rapport aux Pink Sheets. Cette transition devrait améliorer la liquidité du marché et augmenter les opportunités de volume de trading pour les investisseurs.
Die Alkaline Water Company (OTC: WTER) kündigt an, dass sie einen Antrag auf Formular 211 bei FINRA über einen Market Maker gemäß SEC-Regel 15c211 einreichen wird. Dieser Schritt soll proprietäre Broker-Dealer-Angebote und laufende Marktgestaltung ermöglichen und die aktuellen Einschränkungen unaufgeforderter Angebote im aktuellen Pink Sheet-Status ansprechen. Das Unternehmen plant, nach der Einreichung des Formulars 211 an den OTCQB umzusteigen, was im Vergleich zu Pink Sheets eine größere finanzielle Transparenz und Handelsstandards bieten würde. Es wird erwartet, dass dieser Übergang die Marktliquidität verbessert und Handelsvolumenmöglichkeiten für Anleger erhöht.
- Planning to enable continuous market making to improve stock liquidity
- Strategic move to uplist from Pink Sheets to OTCQB
- Working towards enhanced market transparency and trading standards
- Currently to unsolicited quotes causing wider spreads
- Higher volatility and price dislocations in current trading status
- Trading difficulties for investors in current OTC Market condition
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) filing with FINRA?
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