Penny Stocks

Speculative equity securities (excluding options and investment company shares) with prices under $5 per share. Usually do not meet the listing requirements for NASDAQ or the exchanges. Their sale through broker/dealers is subject to certain rules as to approval of customers, maintenance of information to support quotations, distribution of account statements, and disclosure of risk, quotations, and compensation.

Inquiries of a technical nature are always encouraged. Contact Securities Attorney Laura Anthony.