Microcap brands remain big fans of OTC trading even as share prices fall

Microcap brands remain big fans of OTC trading even as share prices fall

Danny York doesn’t let stock market declines scare him.

It’s been a little more than a year since the chairman of Santa Fe Holding Company took his restaurant company public through a reverse merger with an already publicly traded shell company. Since then York has seen the total dollar volume in the Over the Counter Bulletin Board, one of two small markets where Santa Fe’s shares trade, drop a stunning 46.9 percent to $1.7 billion from July 2007 to July 2008.

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