Based on the annual historical statistics of the OTCBB, the OTC has clearly benefited from the boom, but the bust was forecasted well ahead of its time. In addition, much of the rubish listed companies where wiped off the quotation system 1999 – 2000 where by over 3000 companies where removed, but the decline in volume and value traded was forecasted after it hit its peak in 2006, of which the 2007 numbers where more dismal than the two years prior. It may mean nothing, or it may mean something… such as the market crash was forecasted by a withdraw of retail purchasing and investment. It is also possible that the cost of maintaining the OTCBB companies has become cumbersome to small business issuers.
Here are the historical numbers:
On another note though, the trend is going in the right direction for 2009, and the outlook for companies looking to list on the OTCBB is apparently less dismal and more promising based on these stats:
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Source: http://www.otcbb.com/dynamic/tradingdata/domesticlist/domdata.htm#trade
Regardless of the current economic woes, the OTC is still an excellent stock market to raise capital and benefit from liquidity. If you are interested in listing on the OTC, please contact Mark Bragg info@otclistings.com