Gunther Grant Inc (GNGR)

[bar1080]

Requiring current and AUDITED filings is utterly basic for successful investing. No pro or fund would touch a delinquent filer. I certainly wouldn't (as you can see from my old posts, my blue chips have done phenomenally). My own stocks are all current and audited.

Not filing doesn't save shareholders money; it just depresses the stock. Audits pay for themselves... many times over (unless the audit turns up serious problems). Not filing for the SEC may be possible, but have you wondered how these crap stocks handle mandatory filings... local, state and federal taxes for example? These pennies almost certainly DO have numbers. The IRS requires recordkeeping. They just don't release them to shareholders.

I never understood the original attraction with GNGR. There are zillions of cottage industry makers of sweets in the U.S. Just about every tourist area has shops selling chocolate or fudge or taffy, or whatever. These are subsistence businesses with almost no likelihood of expanding. Not much different from a kid's lemonade stand.

GNGR's current problem: The public has gotten vastly smarter. Investment is pouring into sensible issues and blue chips, and not into dead end crap shoots... run by a rude jerk who can't spell at grade school level and is too dumb or lazy to use spell-check.

But I think you understand all of this now.