When Should an Investor in OTC Stock Approved for Listing

question 67

Multiple Choice

When should an investor in OTC stock approved for listing sell the stock, if the objective is to maximize profit?

• A)Immediately prior to approval
• B)When the approval is published
• C)On the date of listing
• D)Four to six weeks after the date of listing

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Definitions:

Corporation's Acceptance

The formal agreement by a corporation to abide by legal obligations or contracts, often signified through a resolution by its board of directors.

Committee Authority

The powers and responsibilities delegated to a group or committee, allowing them to make decisions or take actions on behalf of a larger organization or body.

Board Members

Individuals elected or appointed to oversee the activities and governance of an organization, typically making strategic decisions.

Articles of Incorporation

The legal documents filed with a state government to legally document the creation of a corporation.