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Message from OTC Charts Owner!
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[QUOTE]Originally posted by Steve T: [QB] Hello to All OTC Charts users, My name is Steve T. I am the owner, founder and CEO of MicrocapTrade. Before I begin, please note that OTC Charts is now called MicrocapTrade and can be found at [URL=http://www.microcaptrade.com/otc/index.jsp?promo=111115]http://www.microcaptrade.com/otc/index.jsp?promo=111115[/URL] The company changed it's corporate name back in February of 2004 to better reflect it's core business - real time microcap market data for serious traders-. I would like to begin by first thanking all of you who currently use ( and at some point in time used) the MicrocapTrade system. Our long-time and loyal supporters of 3+ years now are extremely valued by us and seen as part of the "family". Many of you have been asking some interesting questions about the MicrocapTrade platform, most notably: WILL THERE BE LEVEL 2 QUOTES INTEGRATED INTO THE SYSTEM? One of my main reasons in reaching out to you today is to answer YES, there will be full Level 2 Quotes in the near future. Estimated time-frame is by February/March of 2005 (possibly sooner!). Why does it take so long you might ask? For two main reasons: 1. This is very complicated technology and takes significant time to develop, debug and integrate to make sure that you have a first-rate product. 2. We are awaiting final approval from the Nasdaq Stock Market Inc. to be fully authorized to redistribute L2 quotes to individual traders. This bureaucratic process is long and takes time, however we are awaiting the final go-ahead any week now. [b]I want to inform you all as well that, through a partnership with AllStocks, you will be able to receive a special discounted monthly rate on your subscription. Instead of $99.95/month it will cost only $79.95/month. That is a significant savings. Stay tuned for the official beginning of this partnership very soon.[/b] Lastly, MicrocapFeed (MicrocapTrade's application which you are all using) was built for one specific type of trader in mind: Active OTC:BB/Pinksheet stock trader involved in high frequency intraday trading. After speaking with a large majority of our active clients who fit this description, one point has been made clear: the $99/month is a "non-issue" in terms of the powerful tools they get in return. To all other once-in-a-while traders, the $99/month fee may seem a little steep and rightfully so. Bottom Line: If you do not make at least 5 round-trip trades per week, this sytem is probably not for you. I will be on this forum frequently to answer any questions, inform you all of new features & enhancements and to share important news about MicrocapTrade. Our telephones and email are always open to you. We look forward to hearing from you and keep the feedback coming! Steve T. [URL=http://www.microcaptrade.com/otc/index.jsp?promo=111115]http://www.microcaptrade.com/otc/index.jsp?promo=111115[/URL] [This message has been edited by Allstocks (edited December 08, 2004).] [/QB][/QUOTE]
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