I’m seeing more activity then usual in delinquent OTC Bulletin Board companies. In Camino’s last round of updates we found that Pacific Fuel Cell (PFCEE.OB), Interpid Technology (ITRPE.OB), and Earth Biofuels (EBOFE.OB) have all been deemed delinquent in filings by FINRA. While these companies can become current, investors in all three companies are in danger of losing all their investment.
For those following our FCELL and BIOFUEL indices, it’s no surprise that investors in these two sectors face huge risks. OTC companies face even steeper hurdles in a falling energy market.