News Focus
News Focus
Followers 173
Posts 20960
Boards Moderated 4
Alias Born 09/06/2010

Re: RisingProfit post# 93214

Tuesday, 08/11/2015 2:15:05 PM

Tuesday, August 11, 2015 2:15:05 PM

Post# of 234020

They have nothing to do with the old management.



A common misconception, and one that is almost never true.

First of all, they are not registered with the SEC. That is a massive red flag. They are also a Canadian company, but yet not registered in Canada, either. Red flag number two. How convenient they are purportedly located in Quebec, which exempts them from having to comply with Canadian reporting.

And yet their "legal counsel" is on the other side of the continent in Vancouver, Washington? One with ties to the old management, and quite a questionable history, too. Another red flag.

I think this "new company" isn't really new at all, and all the red flags are more than enough to disqualify it is an investment of any kind. Especially because as a non-SEC registrant, they do not provide the information necessary to conduct even basis due diligence.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today