at least 2 things inveigh against fraud
1)auditing-and that is expensive-so auditing is not done by accident-would be done as an assurance to shareholders
2) and the fact SNEY is SEC reporting-thus higher scrutiny-
under new OTC rules as of May 1 2014 -phased in 4 months after the end of co's fiscal year beginning May 1 2014 OTC requires a 1c bid price-and a 10000/yr surcharge for the OTCBB news disclosure reporting service to be on OTCBB
since many co's cant meet 1 or both of those requirements subpenny co's are now included w pink current despite being SEC reporting-part of a political move by the current admin to eliminate subpenny co's- political activities which will likely be reversed if the other major political party regains control of the executive wing
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
