DDAmanda

[Zardiw]

The reason a company doesn't file with the SEC (Edgar)......or Stops filing with Edgar is money.

It costs $100K+ for companies to get Audited Financials.

And Audited annual 10K filings are required to file with Edgar.

A lot of companies would rather spend that money on their business plan, and/or just don't have that kind of money laying around.

Also, once you file with the SEC, your shares can be 'Registered'.........which really doesn't mean anything on a practical level.......iow the shares trade Exactly the same as 'UnRegistered' shares.

And your company is a lot more 'respected' when you have current SEC filings.

However from a trading standpoint that's mostly meaningless......because the most 'respected' companies can just languish and do nothing, while the biggest POS out there can run like raped apes.

Nowadays, OTCMarkets has mostly taken over the 'role' of making sure companies are disclosing everything. They're more or less a 'mini' SEC......and it only costs like $10K for companies to file their stuff on OTCMarkets, and get a 'Current' or OTCBQB/X rating.

And most brokerages Require such a rating from OTCMarkets to even trade.

Z