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Wednesday, September 13, 2006 6:26:26 AM
IN BLACK AND WHITE right in the SEC website... Thanks Mike
I was reading the following information from the SEC website and it reminded me of all the posts about people calling SLJB and related parties...
How to Use the Internet to Invest Wisely
If you want to invest wisely and steer clear of frauds, you must get the facts. Never, ever, make an investment based solely on what you read in an online newsletter or bulletin board posting, especially if the investment involves a small, thinly-traded company that isn't well known. And don't even think about investing on your own in small companies that don't file regular reports with the SEC, unless you are willing to investigate each company thoroughly and to check the truth of every statement about the company. For instance, you'll need to:
get financial statements from the company and be able to analyze them;
verify the claims about new product developments or lucrative contracts;
call every supplier or customer of the company and ask if they really do business with the company; and
check out the people running the company and find out if they've ever made money for investors before.
http://www.allstocks.com/markets/1secfraud.htm
originally posted by Klondike A/S
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