it's not where you start, ronle, it's IF you finish!
"dangerous" is a CEO publicly claiming to the only analyst providing coverage that the publicly traded concern will do revs of around $19M (near the end of the reporting period, mind you) & then the company actually reports revs of about 4% of that previously represented guidance.
do you think anyone invested in the stock of that company based upon that representation?
or maybe for a more recent example -- when a CEO claims that same company will do breakeven revs w/in the year & only a few weeks later backs off that claim & revises it to something on the order of two years later +/- b/c the company forgot to factor in increased SG&A costs of global dominion?!?
that, IMO, is "dangerous."
but not to worry b/c in the future the forward looking statements safe harbor may not shield that company & its execs b/c stocks which trade on the OTCBB are excluded from that provision of the PLSRA pursuant to 15 U.S.C. § 78c(a)(51), and Rule 3a51-1 thereunder (if i'm not mistaken).
but hey, open all yer windows & let that breeze flow!!!