Ben Port (Ben Skull)

And the OTCs, there's a ton of bullshit companies on there.

There's also really good companies on there, like Adidas and Heineken and some other big companies.

But you get a lot of these shit companies on there, or just companies that are just small and need visibility, so they need that marketing to get their stock price up, get investors in.

Yeah, it's pink sheets.

So a company would either buy a vehicle, or they were called shells at the time.

It's a vehicle, basically a public entity that they would reverse merge the company into.

And then what they would do is have an SEC attorney file all their paperwork, and it's called like an S-1 to go public.

What does that cost?

Uh, you know, probably about a hundred grand.

And then, and then, you know, all the filing fees, SEC fees are probably another 50 grand a year for the OTC market.

What you can do is you can issue however much stock you want.

You can say, okay, we're going to do, we're going to have the float be a million shares or 5 million shares or whatever.

And then I have a restricted stock as well.

Right.

And so, yeah, so the brokers weren't really soliciting the stock.

The brokers in the OTC market were more just liquidators.

Okay.

So that's where guys like me came in for stock promotion.

What does liquidators mean?

Like just to sell stock.