Tuesday, March 14, 2023 2:46:22 PM
The balance sheet and income statement are usually a good tell. It's good to avoid companies that can't produce a statement. Many penny stock companies don't file SEC-required reports since the bulletin board does not mandate it. The lack of reports puts you in a position to make investment decisions or trade based on pure rumors.
examples of delusional press releases
https://www.chron.com/news/article/PZ-Industrial-Nanotech-Launches-Nanoboost-to-1859713.php
https://www.einpresswire.com/article/475947512/stuart-burchill-of-industrial-nanotech-inc-announces-upcoming-pcaob-audit
https://www.globenewswire.com/en/news-release/2022/10/12/2533236/0/en/Industrial-Nanotech-Inc-Announces-SteelTile-for-High-Temperature-Steel-Mill-Furnaces.html
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