Newbie Do's & Don'ts

[Mariner*]

"Pinksheet stocks far to unregulated as there more likely to trick you printing toilet paper amounts of stock without any SEC warning"
**Written and Posted by: maninfla, in a response to another poster.

there was a time that that was true...that some solace could be taken in a so-called reporting company
but it is being proven to us every day that many reporting companies only use that as a veil for further [even enhanced] deceit

the biggest problem is the lag time ["grace" period] allowed between the actual event and the filing of such event [between 30-90 days]

eg: a company files its Q which appears to indicate a "manageable" number of shares [both AS and OS]
but in stealth fashion either a change in articles of inc takes place, and/or shares begin hitting the street [as we declare: "where is all this volume coming from?"]
but because of "loop holes", filings pop up well after-the-fact

these arent some wild made up "possible" scenarios...they happen every week

it has become increasingly apparent that the supposed "transparency" [and the basis for much of the subsequent TA on which it is based] simply doesnt exist

...so we just plod along, doing our best with guesstimates based on what is essentially company sponsored faulty info

pink sheets vs listed securities?
...6 of 1, 1/2 dozen of the other
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be aware:
no other one individual has had more widespread overall negative impact on general SH value and continuing abuses than FAZ [frances a zubrowski] and his company AWI [alexander wade inc]
[based on his involvement on dozens of stocks]

pray for peace