New OTC Bulletin Board Listing: Prepaid Card Holdings
July 14, 2009 (FinancialWire) — Prepaid Card Holdings, Inc. (OTCBB: PPDC) was officially listed to the Over-the-Counter Bulletin Board yesterday as an NSCC (National Securities Clearing Corporation) eligible security, trading in units of 100.
Prepaid Card Holdings was previously a NBB (Non-Bulletin Board) security. NBB securities are OTC securities that are not quoted on the OTCBB, which may or may not be quoted on the Pink Sheets (also called “Other-OTC”).
From Prepaid Card Holdings’ April 23, 2009, Form 10-Q Filing (Quarterly Report):
“The Company is in the prepaid general use debit, ATM, POS and signature based card market. The Company’s primary target audience is the non banked and underserved individuals in the country.”
JER Investors Trust’s complete 10-Q is directly accessible at the OTCBB web site (http://www.otcbb.com/asp/Info_Center.asp).
The OTC Bulletin Board (OTCBB) provides access to more than 3,300 securities. The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs).
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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
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