Mina Mar Group

1. Blue Chip Stocks Stocks of a large and well established company that is consistently profitable. 2. Income Stocks Stocks that pay consistent and growing dividends in good and bad times. 3. Growth Stocks Stocks that are anticipated to grow at a rate above the average of the market cyclical. 4. Defensive Stocks  Stocks that pay a constant dividend regardless of the market conditions. 5. Cyclical Stocks Stocks affected by changes in the overall economy. 6. Penny Stocks Stocks with prices under $5 and are know to be volatile.

Blank-check company is development stage company without specific business plan or purpose or that has business plan to engage in a merger or acquisition with an unnamed company. These type of companies are bound by Securities and Exchange Commission Rule 419 to protect investors therefore they may be subjected to additional requirements if they are registering securities for public offering. Because SEC views them as penny stock  or microcap stock there is more rules and restrictions imposed upon them. For instance blank-check companies are not allowed to use Rule 504 of regulation D that exempts companies from registration of securities for offerings up to $1 million. Companies are also required to fully disclose all terms and condition of the offering. Popular type of blank-check company is special purpose acquisition company (SPAC), created to pull funds in order to finance merger or acquisition within certain time frame. It is publicly listed company that rises money...

The term penny stock refers to securities that usually trade at over the counter market at less than $5 per share. Such stocks are mostly issued by smaller companies whose shares trade on OTC Markets or less frequently on OTC Bulletin Boar. Penny stock are also considered highly speculative, with small market capitalization, lacking liquidity and disclosures urging Congress to prohibit broker-dealers from effecting transactions in penny stocks unless they comply with the requirements of Section 15(h) of the Securities Exchange Act of 1934 also known as Penny Stock Rule. To comply with the requirements of Section 15(h) of Securities and Exchange Act broker-dealer must: approve the customer for the specific penny stock transaction and receive a written agreement to the transaction furnish the customer a disclosure document describing the risks of investing in penny stocks disclose to the customer the current market quotation, if any, for the penny stock disclose to the ...

The Pink Open Market as a part of OTC Markets Group provides platform for trading wide range of equities, which include penny stocks, shell companies, foreign issuers with limited information and companies not willing or able to provide information to investors. Since there is limited information available and limited regulatory oversight Pink market is considered to be of high risk.  Depending on level of disclosure companies are divided in three tiers as current information, limited information or no information. To qualify as a current information company have to make disclosure  available, in accordance with one of the following reporting standards: SEC reporting standard, U.S. reporting standard, international or alternative reporting standard. In the first two cases company has to be in compliance with SEC and Bank Regulator reporting requirements. Companies trading on Qualified Foreign Exchange  use international reporting standard. Other companies m...

Over-the-counter may refer to OTC market or process of trading securities that are not listed on some of major exchanges. On OTC market securities are traded via broker dealers who quote the stock unlike exchanges which function as auction market. Companies that can't meet listing requirements of major exchanges usually because they are too small and volatile or they don't want to be subjected to strict regulations and requirements of exchange trade on OTC market as so called unlisted securities. Over-the-counter market is decentralized market, without physical location. Broker dealers who are regulated by Financial Regulatory Agency (FINRA) act as market makers by quoting the prices but it is possible that transaction can happened between two parties without others knowing information about price. This makes market less transparent alongside fewer regulatory requirements. Stocks trading on OTC are considered to bear additional risk, especially default risk but it is ...

Reverse stock split reduces number of outstanding shares in a predetermined ratio. It is also known as stock consolidation, share rollback or stock merger because two or more shares are merged into one more valuable share.  Reverse split is considered to be a corporate action, meaning action that is affecting share price and needs to be approved by the company's board of directors and possibly by voting shareholders. Company can even get additional letter D to its ticker signifying that it is going through reverse split. Number of total outstanding shares, which includes shares currently held by all shareholders, including institutional investors and restricted shares, is usually divided with 5 or 10 getting ratio one for five or one for ten but it can be as little as one to two or big as one to hundred. For example if you have 100 shares worth $1 each so you have $100 worth of shares. if a company is going for one for then reverse split, you will receive ten shares, each...

Not all stocks fulfill listing requirements for major stock exchanges like Nasdaq and NYSE but they trade on over the counter market (OTC). Even though many believe penny stock trade less than a $1 per share, Securities and Exchange Commission defines them as a securities issued by small-cap and micro-cap companies that trade under a $5 price. Because of their low price penny stocks are often logical beginning for new investors. What this means is that you can buy thousands of shares of various companies without investing significant financial means. You may even hear from some investors that they joined "one million club" owning million shares of the same company trading on OTC. With such big numbers of shares, price raise of even few cents can bring nice gains for investor. Some may be attracted to penny stock because they are dreaming of big profits, buying shares for couple of cents and selling them for millions. Even though penny stocks can be lucrative there ar...