A recent post on Axial.net, by Brent Beshore of adventur.es, titled "EBITDA Adjustments From Crazytown" points out that "Adjustments can be perfectly acceptable" but some "bogus" adjustments are where "wishful thinking intersects with the bottom line". Highlighted "bogus" adjustments to EBITDA include; Owner Compensation Leadership Compensation Sub-Contracted Labor Costs Marketing Expenses “One-Time” Expenses Research & Development Expenses Retroactive Change Benefit Legal Fe

According to a study conducted by Oxford Metrica, and commissioned by the OTC Markets Group, companies saw an average 57% increase in dollar volume after joining the OTCQX. Key findings of the study include; Trading volume by number of shares increased by 53% on average following a move to the OTCQX market Dollar volumes increased similarly by 57% on average Bid-ask spreads narrowed by 4% on average The number of broker-dealers per security rose on average by 16%. The study w

February saw 39 micro-cap acquisition announcements made by OTC QX, QB, and PINK issuers. Disclosed deal value for the month reached $77 million. The majority of consideration for February acquisitions was stock (approx. $42 million). Highlights include; Meritage Hospitality Group, Inc. (OTCQX: MHGU) executing a definitive agreement to acquire “a portfolio of 19 casual and polished-casual dining restaurants” and BioStem Technologies, Inc. (OTCPINK: BSEM) acquiring “98 acres o