Production company is off the pink sheets and onto NASDAQ.Production company is off the pink sheets and onto NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Vidcom Post Inc., a Burbank-based television post production company, last week graduated from the pink sheets and began trading on the NASDAQ exchange, under the symbol VDPI. The NASDAQ is the National Association of Securities Dealer Automated Quotations system, a computerized stock market exchange. The pink sheets are a daily publication of unlisted stocks, produced by the National Quotation Bureau National Quotation Bureau A service that publishes bid and offer quotes from market makers in OTC transactions. National Quotation Bureau in Jersey City, N.J. Generally speaking, a move to NASDAQ from the pink sheets facilitates the trading of a stock, improving the ability of shareholders to sell and of interested parties to buy. Being listed on NASDAQ is thus considered a plus for stocks, as potential buyers can view the stock as something that can easily be sold, if need be. Vidcom, which posted a net of $149,000 on revenues of $814,900 in its latest reported quarter, edits videotapes at its facility in Burbank's media district. The company claims as clients ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , Buena Vista, CBS (Cell Broadcast Service) See cell broadcast. , Walt Disney Co., MGM/Pathe, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , Warner Bros. and other producers. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion