SPO Global Inc (SPOM)

[BigJuan]

That does happen but that is not true in general. OTC is a way to raise capital for smaller businesses to grow. Yes it can be abused easily. However, many OTC companies have great concepts but either managed poorly, run into trouble, fail as many startups or small businesses do or get hurt by toxic lenders who prey on legit companies all the time. That does not make every OTC a scam.

Every one buying OTC stocks should educate themselves as to how public companies operate in the OTC. Everyone should learn to read a filing and do due diligence. There is money to be made all over the OTC and especially with SPOM in my opinion. Everyone has to make their own decision for themselves though.