Starfleet Innotech Inc (SFIO)

[Beauneedsbiscuits]

Philipino-centric management with largest project in Philippines and other foreign operations. There is a certain perception that any foreign based company would not have the type of oversight or scrutiny that A US company would, But anything Asian is just perceived that much worse.

The point was, fair or not, this puts up red flags for a lot of investors. The history of the "China Hustle" also shows that being audited, even by one of the "Big Four" US auditors, don't mean crap (many Chinese frauds were audited by foreign owned and run "franchises" of the Big Four with no US regulatory oversight)

This isn't to bash the company or say it's not one of the most profitable and undervalued company on the OTC today.... It's just meant to point out an extra hurdle that this company has that US based organizations would not when trying to draw in new investors.

They may have to consider things like a reverse split sooner than a normal company would, to be taken more seriously, in order to bring in the larger institutional money that would really make this thing fly.