Thursday, July 17, 2014 1:03:49 PM
After doing some checking I'd like to actually change/add to what I said about STWA maybe needing more corporate oversight.
The fact is STWA is currently being controlled by The Sarbanes-Oxley Act of 2002, and there is NOTHING more controlling than SarBox 404. Period. Not even a separation between CEO and Chairman. "SOX," is also known as the "Public Company Accounting Reform and Investor Protection Act" and "Corporate and Auditing Accountability and Responsibility Act."
As a result of SOX, top management must individually certify the accuracy of financial information. In addition, penalties for fraudulent financial activity are much more severe. Also, SOX increased the oversight role of boards of directors and the independence of the outside auditors who review the accuracy of corporate financial statements.
There is nothing stricter when it comes to corporate oversight than SOX is. Period.
Now let me ask you, how many BB stocks can say that they are SOX registered and compliant?
1 ??
Check it out.
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