Rising Biosciences Inc (RBII)

[MjMilo]

I'd like to know why this stock trades on the pinks. A large percentage of companies(98%) that trade on the pinks do so to avoid scrutiny by the SEC. My feeling is that most of what the company now says and puts out in their "so called" financials which are not even recognized by the SEC nor in the official format cannot be verified at all. There is absolutely no reason if this is a real company that it wouldn't be listed at the very least on the OTCQB which requires up to date financials and strict compliance with the SEC rules. What are they hiding from? NO money? Crooked books? What? This makes no sense to me and the latest conference call was a complete bust. The OTCQB is the veture exchange on the Nasdaq OTC for startup companies...real companies....Caveat Emptor on this one!!!??