InvestorsHub Logo
Followers 403
Posts 57862
Boards Moderated 17
Alias Born 05/01/2010

Re: janum post# 102092

Sunday, 01/20/2019 11:49:36 PM

Sunday, January 20, 2019 11:49:36 PM

Post# of 132257
SPRV is not an SEC Registrant and never has been. If they ever submit their financials to OTCMarkets, they will not be vetted for accuracy by OTCM, nor any regulatory body like FINRA or the SEC. There are zero requirements for "truth" in such documents, that’s why OTC Markets tells people to perform their own due diligence.

OTC Markets is a public company, Companies pay a fee for service and it is entirely upon that company to load the documents on their page. Nobody reviews them, no Regulator, no OTC Markets audits, no review of them for their content or accuracy.

Unfortunately with these OTC securities the officers & “Advisors” often fabricate a story to create volume and inflate prices in order to dump shares on the unaware traders who either don't perform DD, perform less than thorough DD, and/or think regulatory agencies will protect them.

I would like to let you guys know that there is SEC Enforcment ,Finra and OTC Markets.If there is any scam of this level few people would have been behind the bar.