OTCBB price are set by independent M&M they make a market / profit from the spread in the stock....
The OTCBB is a quotation medium for subscribing members, not an issuer listing service, and should not be confused with The Nasdaq Stock MarketSM. OTCBB securities are traded by a community of Market Makers that enter quotes and trade reports through a highly sophisticated, closed computer network, which is accessed through Nasdaq Workstation IITM. The OTCBB is unlike The Nasdaq Stock Market in that it:
http://www.thenewsgate.com/otcbb-vs-...
MAXM- NITE -SBSH example of MM's... they all set the price.. not one place that ... MAXM
'OTCBB' stock, for short. The bulletin board quotation system is indeed considered an 'over the counter' market in that there's no physical 'manned' exchange. But, it is not part of the NASDAQ stock market. Instead, the OTC Bulletin Board is a network of many market makers, each reporting current bids, offers, and completed trades to a centralized computer. The NASD has no authority over, or connection with, companies with bulletin-board-traded stocks.