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Re: Penny Stocks 2.0 post# 7173

Sunday, 09/13/2015 6:50:28 PM

Sunday, September 13, 2015 6:50:28 PM

Post# of 9660
Well Cheeky, now that you have provided so much information that most of us probably did not know about, let me provide you with some of my comments. You have mentioned that you have visited some company office--are you referring to a Canadian office or did you go to Montenegro? Second, I must compliment the people behind MRES in having prepared 40-50 pages of financials and other related documents and made them public through

http://www.otcmarkets.com/stock/MRES/filings

however, that is not the way things are done with any credible public listed company--THE SEC FILINGS ARE WHAT SEPARATES TRUTH FROM FICTION.

Let me tell you that if the filing with otcmarkets was the way to do things the real way, then many other credible companies could do the same and save themselves expensive legal fees and auditors fees. Why do I tell this, it's simply because a recent stock that I had been holding was saturated with filings and re-filings that the SEC required which caused so much expenses to the company that eventually they pulled the rug from under the shareholders and after failing to file for two years were terminated by the SEC and the stock was delisted. If that company (FCPG) had wanted to take the path of MRES they would have been still around but they would have achieved the same credibility that MRES has right now.

Having said all that, if this company financials are legitimate they have had plenty of time since the SEC delisted MRES to provide audited 10Qs and 10Ks that should have been filed. Do you expect this stock to reach 7 cents when there are 7 cents stocks that have normal SEC filings and the companies involved have real audited financials?
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