All U.S. companies that are quoted on the OTCQX must have either an attorney or an Investment Bank OTCQX Advisor. OTCQX Advisors and PALs must be approved by OTCQX after submitting an application. Eligibility to act as an OTCQX Advisor or PAL is limited to experienced and qualified securities attorneys or qualified FINRA member investment banking firms. I am an approved OTCQX Advisor and PAL.
The primary roles of an OTCQX Advisor and PAL include (i) to provide advice and guidance to a company in meeting its OTCQX obligations; (ii) to provide professional guidance to the issuer on creating investor demand as they build long-term relationships with management; (iii) to assist companies in discerning the information that is material to the market and should be disclosed to investors; and (iv) to provide a professional review of the company’s disclosure.
I am AV Preminetent rated by Martindale Hubbell. In additional I was the compliance officer for a former SEC registered national securities exchange and president and compliance officer of an SEC, NASD (now FINRA) registered broker dealer.