Its the OTCBB, and for those that think its not regulated by the SEC, check again. Getting approved as a shell, i.e. start up would not need much time. However, Alda had to file a 69 page application to the SEC and has been going through rounds of questions about everyting including their product, the patents...you name it.
BTW, the least regulated exchange is Pink sheets and that is not where we will be.
MMN