Q: How can I purchase Building Turbines stock?
A: Shares of Building Turbines stock can be purchased from a broker or from another stockholder. Shareholders or prospective shareholders can place orders to purchase stock from their online or personal brokerage accounts. Because the stock is traded on the OTC market (Pink Sheets) you may need to fulfill certain investor suitability requirements that your broker dealer, state or federal securities regulator may require.
Q: What is a stock transfer agent?
A: A stock transfer agent manages and maintains the records of a company’s shares. The agent is responsible for transferring the ownership of shares from the seller’s name to the buyer’s name. The transfer agent also determines the stockholders of record, ensures all stocks are properly accounted for and that dividend payments are made to stockholders of record. The transfer agent does not maintain records of shares bought and sold through brokerage accounts. (Such stock is said to be held in “street name.”) Those records are maintained by the brokerage firms through which the shares are bought and sold.
Q: Does Building Turbines have a dividend reinvestment program?
A: As a development stage business, Building Turbines currently does not pay a dividend and does not expect to pay a dividend in the near future. Therefore, the Company does not have a dividend reinvestment program.
Q: What is Building Turbine’s dividend policy?
A: Building Turbines currently does not and does not foresee that it will declare and pay dividends in the foreseeable future.
Q: What is the stock symbol and CUSIP number for Building Turbines shares?
A: The Building Turbines stock symbol is BLDW and the CUSIP number is 120128 103 (CUSIP stands for Committee on Uniform Security Identification Procedures, an American Bankers Association entity that developed a system to uniquely identify securities trading in the United States.) Building Turbines shares are traded on the OTC Pink Markets and is not a reporting company under the Securities Exchange Act of 1934.
Q: What is the OTC Pink Markets?
A: The OTC Pink Markets, formerly known as the Pink Sheets is a centralized quotation service that collects and publishes market maker quotes for OTC securities in real-time. The OTC Pink Market is neither a Securities and Exchange Commission (SEC) Registered Stock Exchange nor a Broker-Dealer.
Q: How does the OTC Pink Market differ from the OTCBB?
A: The OTC Pink Market and the OTCBB are competing quotation services for OTC securities. The OTC Pink Market is a privately owned company, while NASDAQ operates the OTCBB. Unlike the OTCBB, issuers do not have to be fully reporting companies with the Securities and Exchange Commission (SEC) to be quoted on OTC Pink Market. The OTC Pink Market’ OTC Dealer provides market makers with dynamic tickers and quote montages and an electronic trade negotiation system, while the OTCBB does not provide this functionality.
Q: Who regulates the OTC Pink Market?
A: The OTC Pink Markets is neither a Securities and Exchange Commission (SEC) Registered Stock Exchange nor a FINRA broker/dealer. The OTC Pink Markets is considered a Non-exclusive Securities Information Processor and an Interdealer Quotation System, for which registration is not required under current securities laws. However, OTC Pink Market quotation and trading system is only open to registered broker/dealers and those broker/dealers are subject to FINRA Rules and regulations regarding their conduct and use of the OTC Pink Markets. Issuers are subject to Federal and State securities laws.
Q: What types of companies are quoted on the OTC Pink Market?
A: There are a wide variety of companies quoted on the OTC Pink Market. There are small companies that cannot or do not wish to meet the listing requirements of the exchanges; there are many large foreign issuers that are listed on an exchange in their home country but traded OTC in the US market (often because their financial statements are not prepared according to GAAP, which is a requirement for US listing); many OTC Pink companies were formerly listed on an exchange and fell below the required standards for listing; due to the increased compliance costs associated with the Sarbanes/Oxley legislation, some listed companies have voluntarily delisted from exchanges and chosen to be traded over-the-counter; and there are a number of banks and other issuers that are thinly traded and so choose not to go to the expense of listing on an exchange.
Q: Why doesn’t Building Turbines trade every day?
A: Because of this area of new technology and the unfamiliarity to the general trading public, trading of this type of stock may be less than average until widely known and accepted. This creates an excellent opportunity for investors to study trends, these new technologies and expand their portfolios. Invest wisely..
Q: Where can a potential investor get information about Building Turbines?
A: The Investor Center on the Building Turbines Web site provides a wide range of information, including annual reports, annual report supplements, and other financial and operational data. Visitors to the site may request additional information about the Company via our automated investor relations information package request form. Additionally, unaudited financial statements and other discslosres are available on www.otcmarkets.com.
Q: How can I get a copy of the annual report and company financial statements?
A: Please go to www.otcmarkets.com and type in our ticker symbol BLDW, go to” financials” where they can be downloaded.
Q: Do you have any reports or information filed with the Securities Exchange Commission (SEC)?
A: Since the Company is not currently fully reporting and therefore does not make regular filings to the SEC. Unaudited financial statements are available on www.otcmarkets.com.
Q: Whom do I contact about changing information regarding my Building Turbines Shares?
A: Island Stock Transfer (727-289-0010) is the transfer agent for Building Turbines stock. They can assist you with all issues related to your shares, including:
Island Stock Transfer
100 Second Avenue South
Saint Petersburg, FL 33701
Q: How do I contact Building Turbines Investor Relations?
A: Please visit our contact page here.
"Building Turbines, helping save the planet one rooftop at a time!" ™