InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,922.62
(
1.01%
)
Post# of 82575
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

InvestorSuisse

Send PM Follow Ignore
Followers 152
Posts 11302
Boards Moderated 0
Alias Born 03/13/2008

InvestorSuisse

Re: Thurg00d420 post# 20039

Wednesday, 01/13/2016 8:46:42 AM

Wednesday, January 13, 2016 8:46:42 AM

Post# of 82575
Exactly, the SEC requires financial statements to be done by Gaap accounting standards. Where as private company's do not have to adhere to that until they make a move to become publicly traded whether it be through a reverse merger, direct public offering, or initial public offering.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up