The Stephan Co. Joins OTCQX
22 December 2009 - 6:00AM
PR Newswire (US)
NEW YORK, Dec. 21 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc.
(Pink Sheets: PINK), the leading electronic inter-dealer quotation
system, trading technology and financial information provider for
Over-the-Counter (OTC) securities, today announced that The Stephan
Co. (OTCQX: SPCO), an American manufacturer and distributor of hair
care and beauty products, is now trading on OTCQX®. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO ) The
Stephan Co. began trading today on the OTC market's highest tier,
OTCQX U.S. Premier. Investors can find current financial disclosure
and real-time Level 2 quotes for the company on
http://www.otcqx.com/ and http://www.pinksheets.com/. "We are
pleased to welcome The Stephan Company to OTCQX," said R. Cromwell
Coulson, President and CEO of Pink OTC Markets. "The OTCQX
marketplace is the premier tier of the U.S. Over-the-Counter (OTC)
market, providing investors with an objective measure to
distinguish the best OTC-traded companies." Sichenzia Ross Friedman
Ference LLP (http://www.srff.com/) will serve as The Stephan Co.'s
Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for
providing guidance on listing requirements. About The Stephan Co.
(OTCQX: SPCO) The Stephan Co., founded in Worcester, Massachusetts
in 1897 was heralded in the Congressional Record for uniqueness of
marketing. The Company manufactures and distributes over 2000 hair
care and beauty products throughout the United States. Some of its
retail products include Quinsana Medicated Powder, Protein 29,
Wildroot and Cashmere Bouquet. The Company also owns the Frances
Denney brand as well as the Image and Sorbie professional hair care
lines. Further, the Company is one of the country's largest barber
and beauty supply and beauty school distributors. Spanning
generations of customers, its products are widely recognized and
have a loyal customer base. The Company is a leader in the
African-American hair care business. The Stephan Co. continually
develops new brands and seeks additional channels of distribution
both domestically and internationally. For more about The Stephan
Co., visit http://www.thestephanco.com/. About OTCQX The OTCQX
marketplace is the premier tier of the U.S. Over-the-Counter
market. Investor-focused companies use the quality controlled OTCQX
listing platform to offer investors transparent trading, superior
information, and easy access through their regulated U.S.
broker-dealers. The innovative OTCQX platform offers companies and
their shareholders a level of marketplace services formerly
available only on a U.S. exchange. For more about OTCQX, visit
http://www.otcqx.com/. About Pink OTC Markets Inc. Pink OTC Markets
Inc. (Pink Sheets: PINK) is a financial information and technology
services company that operates the leading electronic quotation and
trading system in the Over-the-Counter, or OTC, securities market.
The OTCQX and Pink Sheets® marketplaces that we operate constitute,
by dollar volume, the third largest U.S. liquidity pool for trading
public company shares, after The NASDAQ Stock Market, Inc. and The
New York Stock Exchange. Our technology platform provides a
comprehensive suite of information products and trading services
for OTC market participants. Our products and services promote
market transparency, improve price discovery, facilitate regulatory
compliance, and increase the quality of issuer disclosure, to the
benefit of all OTC market participants. To learn more about how
Pink OTC Markets' products and services make the OTC marketplace
more transparent, informed, and efficient, please visit our
websites at http://www.pinkotc.com/, http://www.pinksheets.com/ and
http://www.otcqx.com/ or contact us at . Pink OTC Markets is
headquartered in New York City. Subscribe to the OTCQX RSS Feed
http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO
http://photoarchive.ap.org/ DATASOURCE: Pink OTC Markets CONTACT:
Matthew Sheldon, CCG Investor Relations, +1-310-954-1346, Web Site:
http://www.pinkotc.com/
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