ClearPoint Business Resources Inc. announced that it plans to no longer be quoted on the OTC Bulletin Board.

The company said it will continue to be quoted on the Pink Sheets and will make financial information available to stockholders upon request.

Last month ClearPoint reported that a senior secured lender, ComVest Capital LLC, acquired a majority stake after a default on a loan agreement.

Chalfont PA-based ClearPoint operates its iLabor platform, an online service that acts as a broker between staffing firms and clients. In addition, it provides vendor management services and its revenue also includes royalties from staffing services.