Hordes of penny-stock hustlers have headed south to the American Stock Exchange, the o-t-c bulletin board and the PinkSheets since the Vancouver Stock Exchange disappeared in 1999.
Stocks in the Over-The-Counter market are quoted on systems like the OTC Bulletin Board, an electronic quotation system, and the PinkSheets, which is not registered as a stock exchange and is named for the color of paper on which its listings of price quotes for companies have historically been printed.