Winning Brands shareholders may not be aware that the standard of Quarterly and Annual reporting which Winning Brands provides to its shareholders exceeds 4,263 other “over the counter” public companies in its thoroughness. This determination is made by the quotation service, OTC Markets, commonly known as Pink Sheets. Tiers have been established based on standards established by OTC Markets in consultation with regulatory agencies.
The “Current Information” tier, to which Winning Brands belongs, is the first level at which a company is deemed to provide “adequate public disclosure” on a Quarterly and Annual basis. 2,304 companies are in this category currently, of 6,567 OTC level peers. As can be seen in the chart below, 4,263 companies, whose shares are being traded, do not meet this standard.
Winning Brands takes pride in having risen in these tiers since its inception and for having maintainted its Current Information designation because of the extent and clarity of its Quarterly and Annual filings. The term Current Information is not an endorsement of the quality of the company; it is an affirmation that Quarterly and Annual filings meet an extensive disclosure standard that other companies, with shares that are being traded, have not been willing to meet. Therefore, within its OTC peer group, Winning Brands is in the minority of companies that do. (These numbers are as at June 15, 2012) There are additional higher tiers in the public markets that can be accessed, to which Winning Brands aspires. The Current Information Tier Renewal Confirmation appears below.
OTC peer group companies that do not provide adequate information according to OTC Market Guidelines (majority):
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Caveat Emptor (“Buyer Beware): 310
Stop Sign (“No Information Available”): 2,939
Yield (“Limited Information Available”) 714
Non Reporting: 300-400